Motor Oil reported increased turnover and earnings both for the group and the parent company, in the first quarter of 2011.
Moreover, the company recorded income of €1.31b, compared with the €962.5m in the corresponding period of 2010, reflecting an increase of 46.5%.
Earnings after tax amounted to €58.8m, compared with €12.1 million in the corresponding period last year.
Regarding group, turnover stood at €1.82b, compared with €1.11 last year, while earnings after tax amounted to €62.4m, against €12.5m in the first quarter of 2010.
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