- ORLEN reports a net loss of 40 million zloty for the second quarter of 2024.
- This is a significant drop compared to a profit of 6.07 billion zloty in the same quarter last year.
- Revenue stands at 69.51 billion zloty, which is a 12% decrease year-on-year.
- Earnings before interest and taxes (Ebit) are 1.06 billion zloty, an 85% drop year-on-year.
- LIFO-based EBITDA is 4.5 billion zloty.
- ORLEN has announced a reduction in its planned capital expenditure (Capex) for 2024 by 9% to 35.3 billion zloty.
- EBITDA-LIFO before write-offs stands at 5 billion zloty, aligning with the preliminary report.
- Analyst recommendations include 9 buys, 3 holds, and 1 sell.
A look at ORLEN Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ORLEN Spolka Akcyjna, operating as an integrated, multi-utility company, has been assessed based on Smartkarma Smart Scores. With high scores in Value and Dividend factors, ORLEN is viewed favorably for its financial stability and strong dividend payouts. Additionally, a solid Growth score suggests potential for expansion and development in the long term.
While Resilience and Momentum scores are relatively lower, indicating areas of improvement in response to market challenges and performance trends, ORLEN’s overall outlook remains positive. The company’s diverse operations in electricity generation, crude oil processing, fuel production, and retail distribution position it well for sustained growth and profitability in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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