Overview

• Repsol's Q1 2025 net profit fell to €336 million, a 62.2% decline compared to the same period in 2024, driven by reduced crude prices and refining margins.
• The company's EBITDA dropped 25.9% year-on-year to €1,587 million, while net debt rose 49.4% to €5,830 million.
• Repsol has announced €700 million in asset divestments since January, advancing toward its €2 billion target for 2025 under its 2024–2027 strategy.
• Shareholder returns are set to increase, with a proposed dividend of €0.975 per share for 2025 and a new share buyback program launched in February.
• Segment performance diverged, with Exploration & Production profits rising 16% to €458 million, while the industrial segment's profits dropped by €600 million to €131 million.