Saras operates in the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saras with three other
petroleum refiners in Europe:
Tupras Turkiye Petrol Rafinerileri AS
sales of 34.85 billion Turkish Liras [US$9.76 billion]
Hellenic Petroleum S.A.
(6.68 billion Euro [US$7.47 billion]
of which 86%
was Refining), and
Motor Oil SA
based in Greece
(6.36 billion Euro [US$7.11 billion]
of which 72%
Saras reported sales of 6.87 billion Euro (US$7.68 billion)
December of 2016.
decrease of 16.6%
versus 2015, when the company's sales were 8.24 billion Euro.
Contributing to the drop in overall sales was the 21.2% decline
in Refining, from 7.94 billion Euro to 6.26 billion Euro.
There were also decreases in sales in
Marketing (down 15.8% to 1.66 billion Euro)
Power Generation (down 9.7% to 468.08 million Euro)
Other (down 4.6% to 21.98 million Euro)
However, these declines were partially offset by the increase in sales of
Wind Energy (up 5.8% to 7.83 million Euro)