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PRIO Posts Record US$879M Adjusted EBITDA as Efficiency Drives Growth; Shareholder Payout Policy Awaited
PROMarketsAug 06

PRIO Posts Record US$879M Adjusted EBITDA as Efficiency Drives Growth; Shareholder Payout Policy Awaited

Brazilian oil producer PRIO (PRIO3) reports record Q2 adjusted EBITDA of US$879M on deep cost cuts, fueling expectation for a new dividend policy.