Motor Oil (Hellas) Corinth Refineries SA (FRA:MHZ)
€ 25 -0.38 (-1.5%) Market Cap: 2.72 Bil Enterprise Value: 4.68 Bil PE Ratio: 3.73 PB Ratio: 1.01 GF Score: 80/100
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Q2 2021 Motor Oil Hellas Corinth Refineries SA Earnings Call Transcript

Sep 01, 2021 / 02:30PM GMT
Release Date Price: €14.18 (+1.07%)
Operator

Ladies and gentlemen, thank you for standing by. I am Maria, your Chorus Call operator. Welcome, and thank you for joining the Motor Oil conference call and live webcast to present and discuss the first half 2021 financial results. (Operator Instructions) The conference is being recorded. (Operator Instructions).

At this time, I would like to turn the conference over to Mr. Tzannetakis Petros, Deputy Managing Director and Chief Financial Officer; and Ms. Mary Psyllaki, Investor Relations Officer.

Mr. Tzannetakis, you may now proceed.

Petros Tz. Tzannetakis;Hellas;Corinth Refineries S.A.;Deputy MD
Motor Oil;CFO & Executive Director

()- -

Hello to all of you. Good morning, good afternoon, good evening wherever you are, and have a good month. September is here but still nice and sunny outside.

So let us start with what happened in the second quarter and the first half. Refining margins showed a small improvement in the second quarter of '21 on the back of widening crude

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