Corral Petroleum Holdings Q2 2015

REPORT FOR THE SECOND QUARTER AND SIX MONTHS ENDED JUNE 30, 2015

This report includes unaudited consolidated financial information of Corral Petroleum Holdings AB (publ) (“Corral Petroleum Holdings”) and its consolidated subsidiaries, for the second quarter and six months ended June 30, 2015 and for the comparative periods in 2014.

Financial highlights
• Sales revenue for the second quarter of 2015 amounted to 18,329 MSEK compared to 23,279 MSEK in the second quarter of 2014.
• EBITDA1 for the second quarter of 2015 amounted to 1,638 MSEK compared to 648 MSEK in the second quarter of 2014.
• Adjusted EBITDA1 for the second quarter of 2015 amounted to 1,523 MSEK compared to 382 MSEK in the second quarter of 2014.
• Operating profit for the second quarter of 2015 amounted to 1,400 MSEK compared to an operating profit of 385 MSEK in the second quarter of 2014.
• Net profit for the second quarter of 2015 amounted to 1,276 MSEK compared to a net loss of 383 MSEK in the second quarter of 2014.
• Cash flow from operating activities for the second quarter of 2015 was 1,392 MSEK compared to cash flow used in operating activities of 1,290 MSEK in the second quarter of 2014.
• Weighted business refining margin for the second quarter of 2015 was 7.81 $/bbl compared to 3.21 $/bbl in the second quarter of 2014.

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