08/07/2020 | Press release | Distributed by Public on 08/06/2020 16:03
MOL Plc. published the following documents today:
Highlights of the period:
Zsolt Hernádi, MOL Chairman & CEO, comments:
'MOL faced unprecedented challenges in the second quarter of 2020, from significant health and safety risks stemming from the pandemic, to major operational issues in running our plants during the lockdown, whilst making sure we preserved our financial strength. While the virus has not been defeated yet, I am proud to say that we have so far successfully tackled these challenges. The bulk majority of our employees are safe and in good health, we ensured a reliable supply to our customers in all of our markets, even at the very depth of the crisis, and we managed to generate a small positive simplified FCF in the quarter. This is a testament to the quality of the people and the agility of our business model in MOL. And this also gives me confidence that we will continue to successfully navigate through even the most difficult periods and emerge as a stronger entity.'
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