Galp Q2 net income rises to 762 million euros

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Galp Energia reported second-quarter IFRS net income attributable to shareholders of 762 million euros, up from 315 million euros a year earlier. RCA Ebitda reached 1.27 billion euros compared with 840 million euros in the prior year, driven by strong operational delivery across all businesses amid volatile commodity prices. RC net income attributable to shareholders rose 73% to 681 million euros, while turnover increased 35% to 6.80 billion euros. The company also announced a proposed 10% dividend increase to 0.70 euros per share, with a first interim payment of 0.35 euros payable in August 2026.

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Net income and EBITDA surged, driven by strong operational delivery, and dividend increased 10%.