Orlen Spolka Akcyjna · GPW:PKN
Orlen Spolka Akcyjna — ORLEN Group — Q3 2024 Earnings Presentation
6 slides from Orlen Spolka Akcyjna's earnings presentation, Nov 5, 2024
Slide 1: ORLEN Group 3Q24 key financial data estimates
ORLEN Group 3Q24 key financial data estimates Warsaw, 5 November 2024
Slide 2: Key financial data estimates
Key financial data estimates PLN m 3Q23 3Q24 ∆ (y/y) MACRO (3Q24 vs 3Q23) EBITDA LIFO 10 258 8 808 -1 450 • Model refining margin including differential lower by (-) 69% (6.6 USD/bbl vs 21.0 USD/bbl). Refining 1 866 520 -1 346 • Brent crude oil price lower by (-) 7% (80.3 USD/bbl vs 86.7 USD/bbl). P
Slide 3: Key events affecting the results
Key events affecting the results Impact of factors on Refining segment (PLN m) -1 346 Macro (y/y) – lower refining margins and strengthening of PLN against USD, partially offset by a 1 866 positive effect of hedging. 2 012 Volumes (y/y) – decline in sales volumes by 5% (low trading margins in Poland
Slide 4: Impairment write-downs on assets in 3Q24
Impairment write-downs on assets in 3Q24 Results of impairment tests conducted on ORLEN Group’s assets – impact on the consolidated financial statement Impairments in 3Q24 amounted PLN 3 526m, including: • ORLEN S.A. PLN (-) 912 m The impairment of fixed assets in the petrochemical segment is mainly
Slide 5: Information regarding publication of estimated financial data
Information regarding publication of estimated financial data The information contained in this presentation is an illustration of ORLEN Group financial results estimates published by ORLEN S.A. (“ORLEN” or “Company”) in a regulatory announcement no. 54/2024 as of November 5th, 2024. Financial data
Slide 6: Powering the future. Sustainably.
Powering the future. Sustainably.
ORLEN Group — Q3 2024 Earnings Presentation on 6ix