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Bollore 3Q Revenue Increased Led by Oil Logistics Business

Dow Jones Newswires ·  Oct 21, 2021 12:22
   By Mauro Orru 

Bollore SE said Thursday that revenue increased in the third quarter, led by growth at its oil logistics business that benefited from rising oil-product prices and volumes.

The French conglomerate said revenue climbed to 5.08 billion euros ($5.92 billion) from EUR4.06 billion in the third quarter of 2020.

The result represents a rise of 22% on an organic basis, and a 25% increase on a reported basis.

Revenue for the oil logistics business rose to EUR610 million from EUR401 million, up 52% organically.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

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