Finnish refiner Neste Q1 profit falls, close to consensus

Finnish refiner Neste Q1 profit falls, close to consensus
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  • Country:
  • Finland

Finnish biofuel producer and oil refiner Neste on Thursday reported a fall in first-quarter operating profit and said it expected market volatility to remain high due to the coronavirus pandemic.

Neste's January-March underlying operating profit fell to 302 million euros ($366 million) from 408 million a year earlier and compared with a 306 million average estimate in Refinitiv data. ($1 = 0.8242 euros)

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