“Now we see chances of an improvement – oil prices are falling, and on the top of that it seems that exchange rates are stabilizing,” Chief Executive Francois Vleugels said in a statement.

Unipetrol, which reported an 80% drop in second-quarter net profit, did not alter its original forecast of full-year 4.8 billion crown ($302.2 million) operating profit, which the company had earlier said was “optimistic.” (Reuters)