Petrolina reports significant profit surge following eWise acquisition

Petrolina (Holdings) Public Ltd has reported a significant surge in its financial performance for the first half of 2026, with net profits more than tripling to €9.94 million. This compares to approximately €3 million recorded during the same period in 2025. The company's turnover reached €415.5 million, marking a 56 percent increase compared to the previous year.

The improved results are largely attributed to the acquisition of eWise Cyprus Ltd, formerly known as ExxonMobil Cyprus, which was finalized on January 30, 2026. As a wholly owned subsidiary, eWise now operates the nationwide Esso-branded fuel station network. Additionally, the group benefited from an increased contribution from its associated aviation-fuelling companies and higher international prices for petroleum products. Following these developments, Petrolina consolidated the subsidiary’s financial results into the group's interim report, fulfilling expectations of improved profitability announced earlier in June.