PRESS RELEASES
22.02.2024
ORLEN Group consolidated results for Q4 2023
In the three months ended 31 December 2023, the ORLEN Group generated LIFO-based EBITDA* of PLN 11.2bn and net profit of PLN 7.3bn. The full-year LIFO-based EBITDA* for 2023 was PLN 44.8bn and net profit reached PLN 27.6bn. The Group’s fourth-quarter results were positively impacted by the performance of the gas segment, which delivered an EBITDA of PLN 11bn, primarily on the back of lower gas procurement costs and higher sales. ORLEN also increased its retail sales volumes by more than 20% (y/y), partly as a result of the acquisition of service stations in Hungary and Slovakia.
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