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Repsol YPF shares fall following profit drop announcement (Repsol YPF frena las subidas).

Europe Intelligence Wire

| August 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From El Pais)

Leading Spanish petrochemical group Repsol YPF announced earlier this week a year-on-year profit drop of 7.7 per cent for the first half of 2004. This, together with the group's failure to find oil for commercial exploitation in Cuba, triggered a share price drop of 1.72 per cent to 17.52 euros on Thursday, For the week overall, the oil group's share price dropped by ...

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