20 Feb 2026

Publication of MOL Group’s Q4 and Full Year 2025 results

Highlights of the period:

  • Upstream performance decreased with slight production growth amid adverse external environment
  • Downstream showed year-on-year growth in the fourth quarter, as strong refining margins more than offset the impact of lower crude processing volumes
  • Consumer Services results were supported by one-off items as well as organic growth.
  • Circular Economy performance was supported by seasonality, favorable external effects and internal efficiency efforts
  • Profit before tax reached USD 1.3 billion in 2025, representing 11% decrease compared to 2024
  • MOL sets 2026 profit before tax guidance at around USD 1.5 billion.

 

 

Chairman and CEO Zsolt Hernádi commented the results: 

“The strong financial results of 2025 confirm that MOL Group can deliver value even under increasingly difficult conditions. In a year marked by supply disruptions, geopolitical uncertainty and operational challenges, MOL ensured continuous operation and energy security across the region. I am very pleased to see the further improvement of our internal efficiency, especially in the Circular Economy business.

In the last quarter of 2025, we also reached several important milestones: we decided to transition to a holding structure, further strengthened our renewable portfolio in Hungary, and our hydrocarbon production neared 100 mboepd, reflecting the resilience of our integrated business model.

At the same time, the fire at the Danube Refinery and the serial outages of the Druzhba pipeline once again highlighted the challenges of energy supply in landlocked countries. Recent events highlighted again that our energy sovereignty depends on the diversity of our crude resources, at least two commercially viable transportation routes and on the cooperation with Governments who understand the interest of the region. We are even more determined to stand up for the interests of the region and we will do everything to keep all our options open to maximize our freedom of choice. And this is for maintaining the region's security of supply ecosystem.”

For further information, please contact Investor Relations:

Tel:                             +36 1 464 1395

Email:                        investorrelations@mol.hu