The Portuguese oil company Galp, the fifth in number of operating service stations in Spain with 600 points of sale, has also launched its new corporate image. The redesign carried out by the Portuguese group aims to modernize its image and adapt it more easily to digital uses.
Galp has quietly implemented this change from its traditional orange and white logo to another where orange and red predominate.
The renewal of Galp’s image thus adds to the movements that other large companies in the hydrocarbon, electricity and natural gas sectors have carried out to bring the values of their brand to new audiences.
The change of image from Cepsa to Moeve or the one carried out a few years ago by the Compañía Logística de Hidrocarburos (CLH) to Exolum, the redesign of the Iberdrola or Enel brand as well as the change from Gas Natural to Naturgy They are making a significant effort to adapt the corporate identity and reflect new values and adaptation to the energy transition.
Galp achieved an attributable net profit of 1,006 million euros in the first nine months of 2024, 11% more than the 906 million euros recorded during the same period of the previous year.
Galp’s turnover stood at 16,405 million euros, 5.5% above the income collected twelve months ago, while the gross operating result (ebitda) fell by 4.8%, to 2,806 million of euros.
The net debt of the Portuguese oil company at the end of September amounted to 1,471 million euros, compared to 1,400 million euros in December of the previous year, which represents an increase of around 5.1%.
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