Neste Tops Core Profit Expectations in Third Quarter
Story updates
07:16:41 AM UTC
SquawkNews
Finnish biofuel maker and oil refiner Neste OMXHEX:NESTE reported a third-quarter core profit above market estimates on Thursday, almost tripling from a year ago, driven by elevated oil prices caused by the Iran war.
07:25:12 AM UTC
SquawkNews
UPDATE 1-Finland's Neste tops profit estimates amid soaring oil prices Adds details on results, CEO
07:25:13 AM UTC
SquawkNews
Finnish biofuel maker and oil refiner Neste OMXHEX:NESTE said on Thursday its third-quarter core profit nearly tripled from a year ago, beating market expectations, driven by higher oil prices in the wake of the Iran war.Neste's comparable earnings before interest, taxes, depreciation and amortizat…