MOL Group reports 11% drop in pre-tax profit during 2025

Business Forum
MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.

Chairman and CEO Zsolt Hernádi commented: "The strong financial results of 2025 confirm that MOL Group can deliver value even under increasingly difficult conditions. In a year marked by supply disruptions, geopolitical uncertainty and operational challenges, MOL ensured continuous operation and energy security across the region."

Downstream performance benefited from strong refining margins that offset lower processed volumes and weaker petrochemicals performance. Upstream results were impacted by declining oil and gas prices, though production increased to 99.4 thousand barrels of oil equivalent per day in Q4 2025, with full-year production averaging 94.7 thousand barrels per day, exceeding guidance of 92-94 thousand barrels per day.

Consumer Services maintained growth driven by fuel margin improvements in Croatia and Romania, plus non-fuel margin contributions. The Fresh Corner brand expanded to 1,409 units by Q4 2025, up 6% year-on-year. Non-fuel margin represented 35.6% of total margin in Q4 2025.

MOL Group operates three refineries, two petrochemical plants, and almost 2,400 service stations across 10 countries in Central and South-Eastern Europe. The company has set 2026 profit before tax guidance at around $1.5 billion and production targets of 95-97 thousand barrels per day.

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