MOL Group results for 2019: strong EBITDA exceeds expectations

MOL Group today announced its 2019 financial results. Despite the much challenging and volatile external environment at the end of the year, the MOL Group generated $ 598 million in net CCS EBITDA in the last quarter, bringing its year-over-year net CCS EBITDA to $ 2.44 billion, well above its target. Simplified free cash flow has declined compared to 2018 as the company progresses with its strategic transformation projects, but remains positive in 2019 - $ 356 million. For more information please visit https://bit.ly/32dGAgO