REPYY Repsol SA (QX)

   By Anthony Shevlin 
 

Repsol SA (REP.MC) said Thursday that its fourth-quarter net profit fell due to losses related to exchange rates.

Net profit at the Spanish energy company was 170 million euros ($193.5 million) compared with EUR538 million a year earlier.

Earnings before interest, taxes, depreciation and amortization were EUR1.68 billion compared with EUR2.01 billion a year earlier.

Repsol said its 2020 strategic objectives are on track.

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

(END) Dow Jones Newswires

February 28, 2019 02:35 ET (07:35 GMT)

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