Corral Petroleum Holdings AB (publ) Q1 2009

FOR IMMEDIATE RELEASE
Date: May 29, 2009
Stockholm

This report includes unaudited consolidated financial information of Corral Petroleum Holdings AB (publ) (“Corral”), for the first quarter of 2009 and for the comparative period in 2008.

Financial highlights

  • Sales revenue for the first quarter of 2009 amounted to 14,352 MSEK compared to 18,818 MSEK in the first quarter of 2008
  • Operating income for the first quarter of 2009 amounted to 1,573 MSEK compared to 1,092 MSEK in the first quarter of 2008
  • Net income for the first quarter of 2009 amounted to 357 MSEK compared to 934 MSEK in the first quarter of 2008
  • Cash flow used in operating activities for the first quarter of 2009 was negative 312 MSEK compared to cash flow from operating activities of positive 1,226 MSEK in the first quarter of 2008
  • Weighted business refining margin for the first quarter of 2009 increased to 5.44 $/bbl compared to 5.13 $/bbl in the first quarter of 2008

For more information, download the PDF-version.

Download news Download news