The Motor Oil Group announced strong results for 2025, reaching record levels.
True to its policy, management under Yannis Vardinogiannis is once again proposing a generous dividend of €1.75 per share, up from €1.40 per share in 2024.
Motor Oil’s EBITDA Firmly Above €1 Billion
According to the annual financial statements published by Motor Oil, 2025 closed with adjusted EBITDA of €1.2 billion, up 21% compared to the previous year. The Group’s earnings before interest, taxes, and depreciation are now built on its diversified activities and the revenues generated from its rich portfolio of operations.
It is also worth noting that for 2026 the Motor Oil Group is forecasting new investments at a record level: they will reach €650 million, up from €580 million in 2025.
The €1.75 Per Share Dividend
Consistent with its policy of maximising shareholder dividend returns, management will propose at the upcoming Annual General Meeting in June 2026 the distribution of a total dividend for the 2025 financial year of €193,870,215 (or €1.75 per share).
It is noted that an interim dividend of €38,774,043 (or €0.35 per share) has already been paid and recognised for the 2025 financial year, with payment made on 05.01.2026 (ex-dividend date: 23.12.2025; record date: 29.12.2025).
Revenues
The Group’s turnover for 2025 came in at €11.482 billion, compared to €12.187 billion in 2024 — a decline of 5.79%. This was due to a fall in the average prices (in US dollars) of petroleum products, combined with the weakening of the US dollar against the euro, given that the majority of the parent company’s sales involve exports invoiced in US dollars. Part of the revenue decline was partially offset by higher sales volumes.
In 2025, the Group also generated service revenues, primarily from the activities of NRG SUPPLY AND TRADING, the MORE sub-group, THALIS ENVIRONMENTAL SERVICES, and the ILECTOR sub-group.
Analysis of consolidated sales volumes confirms the Group’s strongly export-oriented character, with international and maritime sales accounting for 72.64% of total volume in 2025, compared to 76.28% in 2024, while the contribution of industrial activity stood at 79.71%, versus 82.27% in 2024.
