Sustainable capex made up close to 46% of spending for the first quarter of 2024, with total cash capex increasing to €217m as we continue to execute on our Positive Motion strategy.
Strong cash generation during the period, with Cash Flow from operations rising to 318 million euros, despite being impacted by the extraordinary tax on energy companies in Spain and a smaller Upstream perimeter after the divestment of the Abu Dhabi asset.
Net Debt remains flat at €2.3bn along with the reinforcement of our liquidity position to €4.6bn at year end, covering debt maturities until 2028.
2024
2023
2022
2021
2020
2019