Romgaz reported a decline in earnings in its Q2 2024 financial results
The EBITDA in Q2 2024 was RON 770 million, representing a 40% y/y decrease,with an EBITDA margin of 47.4%. The net profit also decreased by 17.3% y/y,
totaling RON 592 million, with a net profit margin of 36.4%. Romgaz faced
financial pressures in Q2 2024 due to lower gas prices, while it maintained strong
operational performance and continued to invest in key strategic projects.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
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