Repsol Q2 Profit Down 30 Percent Due To Restructuring Costs

Business Heds Index, Seattle Post-Intelligencer: Business
Thu, 07/28/2016 - 3:03am

MADRID (AP) — Spanish energy company Repsol has posted a net profit drop of 30 percent in the second quarter compared with the same period last year mainly because of workforce restructuring costs. Repsol began stepping up cost-cutting efforts in recent months as the oil prices tumbled.

Topics: madrid ap spanish repsol profit percent restructuring costs

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Repsol Q2 Profit Down 30 Percent Due To Restructuring Costs

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