PETROBRAS NET INCOME $7.17 BLN
PETROBRAS - Petrobras posted R$ 25.8 billion net income in 2018. The first positive annual result in five years is also the highest since 2011. The company posted two financial records: Adjusted EBITDA of R$ 114.9 billion and, for the fourth year in a row, a positive free cash flow of R$ 54.6 billion.
"Petrobras' performance in 2018 was undoubtedly the best in many years, which includes the achievement of some historical records, namely free cash flow and adjusted EBITDA, and breaking a four-year sequence of losses," says Petrobras' CEO, Roberto…
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