Weekly Recap: Higher refining EBITDA and 33% energy solidarity tax
Berenberg raised forecasts for Galp Energia, SGPS S.A. Class B (EURONEXT:GALP), lifting Q3 refining EBITDA to €405M and projecting unit cash flow up 44% in 2026—setting up larger 2027 buybacks—while a proposed Portuguese energy solidarity tax could tack on ~€240M exposure in 2026, subject to design…