Adjusted EBITDA rose 41% to €943 million, beating consensus €890 million, driven by Brazil upstream surge.
Upstream earnings in Brazil jumped 78% to €685 million as production rose 23% to 129 k bpd and Brent averaged $81.1.
Adjusted net profit increased 41% to €272 million; operating cash flow €713 million, free cash flow €47 million; net debt €1.3 billion.
Share buyback of €46 million launched in March; company highlighted volatile macro environment from Middle‑East geopolitical risk.