Cepsa recorded a net profit of 405 million euros in the second quarter in a context of high market volatility and legal uncertainty in Spain, and continues to invest in the decarbonization of its business within the framework of the "Positive Motion" strategy.

The solid results for the period were also marked by the company's commitment to society. Cepsa has guaranteed its energy supply in times of high geopolitical tension, and has offered discounts of up to 30 euro cents per liter in addition to the 20 euro cents per liter established by the Government, in order to face the exceptional increase in fuel prices.

The company continues to reduce its Net Debt to EBITDA ratio to 1.1x at the end of the quarter, driven by the good results. Cepsa has a solid liquidity position, enough to cover the next 4.2 years of debt maturities.