Lundin slumps to loss

Lundin Petroleum slumped to a loss in the second quarter as higher production failed to offset low oil prices and heavy foreign exchange losses also hit the bottom line.

Boosting cash flow: Lundin chief Alex Schneiter
Boosting cash flow: Lundin chief Alex Schneiter
Published 3 August 2016, 06:52Updated 25 October 2016, 15:29
Europe