Neste

Due to tight jet-fuel supplies from the Gulf and sharply higher oil prices, sustainable aviation fuel (SAF) has moved into the spotlight for the aviation industry. Neste, which produces SAF from used cooking and animal fats, sees opportunities for economies of scale and rising demand, while airlines and logistics firms like DHL have already secured advance volumes. Limited production capacity, costly and complex feedstock logistics, and cautious investments by major oil companies, however, are slowing a breakthrough. Many further expansion steps lack offtake agreements and bankable business models despite the temporarily improved competitive positions. » Mais em wiwo.de

Rising diesel prices and geopolitical tensions have increased demand for diesel fuel, from which Neste — the world’s leading producer of renewable diesel with large refineries in Europe — has benefited significantly. In the second quarter, EBITDA rose to €1.14 billion versus €246 million a year earlier. A possible US export ban on diesel could further tighten supply and give Neste an additional boost, which is why analysts have already raised their price targets. » Mais em deraktionaer.de

Finnish producer Neste increased revenue in Q2 by 32.7% to €6.2bn and posted an adjusted EBITDA of €1.2bn, driven by the renewable products business (EBITDA €859m). Adjusted earnings per share rose to €1.06, while operating cash flow fell to €255m due to higher inventories; investments in the quarter amounted to €199m. Management plans an early bond repayment (€500m), aims to reduce debt, to advance the Rotterdam expansion for 2027, and expects stable sales volumes of renewable products in 2026 along with higher investments of around €1.2bn. The valuation stands at an EV of €30.4bn (12.1× projected 2027 EBIT); analysts expect significantly higher margins in 2026 with a decline in 2027, and geopolitical conflicts continue to create uncertainty. » Mais em finanzen.net

Neste shares hit a new multi-year high on their home exchange, supported by the tense geopolitical situation in the Middle East and rising oil prices. Nordea analyst Pasi Väisänen continues to recommend buy and raises the price target to 39 euros, while the Bloomberg consensus target is 35.64 euros. Neste benefits as the world’s largest producer of renewable diesel (HVO) and sustainable aviation fuel (SAF) with production sites in Finland, the Netherlands, the US and Singapore. Neste also extended the SAF supply agreement with United Airlines for flights from Chicago and Amsterdam. » Mais em deraktionaer.de

Neste increased sales in the second quarter by around one third to €5.99 billion and achieved an adjusted EBITDA of €1.20 billion as well as earnings of €1.69 per share. The figures were just below analysts' estimates, after which the share lost around ten percent. Despite the strong operational performance and the CEO's comment on the extraordinary market environment, profit-taking weighed on the price; Verbio shares also fell sharply. » Mais em deraktionaer.de