Orlen profit higher by 3 billion than a year ago. After six months, the concern completed 40 percent. investment plans for 2025

The net profit of the Orlen Group in the first half of this year. It amounted to PLN 5 billion 932 million and was higher by PLN 3 billion PLN 108 million in the same period of 2024 – the concern said on Thursday in a consolidated periodic report.

After taking into account the tax burdens in the amount of PLN 3 billion PLN 772 million, the net result of the Orlen Group reached PLN 5 billion 932 million and was higher by PLN 3 billion PLN 108 million year -on -year – the concern said in a stock exchange report for the first half of this year.

In the press release, Orlen pointed out that the Orlen Group in the second quarter of this year. EBITDA LIFO operating profit almost doubled year -on -year, which amounted to PLN 9.2 billion. Investments in the first half of 2025, in turn, amounted to nearly PLN 14 billion and included strategic development projects supporting energy transformation.

Behind us is a very good quarter in which we generated high profits. We consistently fulfilled our obligations. First of all, we freed the entire region from crude oil from Russia. We have successfully closed this chapter and today all our refineries process raw material from other regions of the world. We increase security, continuing great investments in the energy sector – said the president of Orlen Ireneusz Fąfara, quoted in the company's communiqué.

As he emphasized, the effect of these activities is another windmill at the first wind farm in the Baltic Sea in Poland, from where pure electricity will flow next year.

“Regardless of the investments carried out at the center of our activities, there are customers to whom we offered the cheapest energy for three years,” added Fąfara. He also noted that “from July 7 million Poles and public utility institutions receive gas bills lower by almost 15 percent, which means up to PLN 1000 savings per year.”

“We run a business responsibly, maintaining market trust, “said the president of Orlen.

After six months, Orlen realized 40 percent. investment plans for 2025

The ORLEN Group assumes that in 2025 it will allocate PLN 26.2 billion for development investments, and PLN 9.1 billion to maintain.

After six months of 2025, the completed investments reach PLN 13.8 billion, including the Upstream & Supply segment, PLN 4.6 billion, PLN 4.2 billion on Downstream, PLN 3.6 billion for Energy, Consumers & Products PLN 0.8 billion, and for corporate functions PLN 0.6 billion.

The main development projects in 2025 include, among others Search projects in Norway, mining in Norway and in Poland (Przemyśl, Różańsko), a new installation of monomer production in Płock, construction of hydrocracking in Mujejki, construction of rapeseed oil compressor in Kętrzyn, construction of a hydrocracking oil block in Gdańsk, construction of a second generation bioethanol in Jedliks and the construction of a sea transmission terminal on Dead Vistula in Gdańsk.

In the area of ​​energy, planned investments include the construction of a wind farm in the Baltic Sea, the expansion and modernization of the power and gas network, the construction of photovoltaic farms in Poland and Lithuania, and the construction of CCGT Ostrołęka and Grudziądz. (PAP Biznes)

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