MADRID (dpa-AFX) - Spanish oil major Repsol S.A. (REPYY.PK) Thursday reported that its net income for the half year slid 39.3 percent to 639 million euros from last year's 1.053 billion euros. The results included total extraordinary expense of 346 million euros to cover the restructuring of the workforce approved by the company for 2016, 2017 and 2018.
Adjusted net income totaled 917 million euros in the first half, compared with 1.24 billion in the same period of the previous year.
The Group's average production was 705,500 barrels of oil equivalent per day, 60 percent more than that produced during the first half of 2015, primarily because of the incorporation of Talisman assets.
Copyright RTT News/dpa-AFX