Galp 2Q26 RCA EBITDA rises 52% to €1.27 billion; RCA net income climbs 45% to €540 million

Reuters2026/07/27 05:59

By:Reuters

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Galp reported 2Q26 RCA EBITDA of EUR 1.27 billion, up 52% year-on-year; RCA net income rose 45% to EUR 540 million.
Adjusted operating cash flow climbed 51% to EUR 1.08 billion, free cash flow increased 33% to EUR 544 million; net debt held at EUR 1.38 billion.
Upstream RCA EBITDA rose 73% to EUR 700 million, while Industrial & Midstream RCA EBITDA increased 43% to EUR 458 million on high Sines availability.
FY 2026 guidance was raised to about EUR 4 billion of RCA EBITDA from above EUR 2.6 billion, with operating cash flow seen at about EUR 3 billion.
The board will propose a 10% dividend increase to EUR 0.70 per share, including an interim EUR 0.35 payment in August 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galp Energia SGPS SA published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Galp 2Q26 RCA EBITDA rises 52% to €1.27 billion; RCA net income climbs 45% to €540 million

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