Post by Puma Energy

Puma Energy delivered a strong start to 2026, achieving its highest-ever quarterly EBITDA within the current perimeter. Our Q1 results reflect continued volume growth, stronger margins and disciplined cost management across the business. Gross profit rose to USD 307 million, up 25% year-on-year, supported by higher volumes and stronger unit margins across Aviation, Refining and Bitumen. EBITDA reached USD 149 million, an increase of 62% year-on-year, while net profit more than doubled to USD 59 million compared with Q4 2025, further strengthening the Group’s equity base. Carlos Pons, Chief Financial Officer at Puma Energy, said: “It was a strong quarter for Puma Energy, with record results reflecting the underlying strength of the business and the continued effectiveness of our strategy. Our core segments continued to grow, fixed costs remained stable, and our balance sheet strengthened further. Puma Energy remains well equipped to perform throughout the current market volatility.” Read the full release here: https://lnkd.in/etanm7sV