Results January – March 2023

Conference Call

Group

• Clean CCS Operating Result decreased to EUR 2,079 mn due to a lower contribution from Chemicals & Materials and Energy, partly offset by a higher Fuels & Feedstock result
• Clean CCS net income attributable to stockholders of the parent decreased slightly to EUR 1,025 mn; clean CCS Earnings Per Share were EUR 3.13
• Cash flow from operating activities excluding net working capital effects decreased to EUR 2,003 mn
• Organic free cash flow before dividends totaled EUR 1,839 mn
• Clean CCS ROACE stood at 19%
• Total Recordable Injury Rate (TRIR) was 1.30

Chemicals & Materials

• Polyethylene indicator margin Europe declined to EUR 348/t, polypropylene indicator margin Europe decreased to EUR 395/t
• Polyolefin sales volumes lessened to 1.41 mn t

Fuels & Feedstock

• OMV refining indicator margin Europe grew sharply to USD 14.8/bbl¹
• Fuels and other sales volumes Europe were fairly constant at 3.71 mn t

Energy²

• Production decreased by 80 kboe/d to 376 kboe/d, mainly due to the change in the consolidation method of Russian operations
• Production cost increased by 25% to USD 9.3/boe

_{Notes: Figures reflect the Q1/23 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
¹ As of Q2/22, the refining indicator margin reflects the change in the crude oil reference price from Urals to Brent at OMV Petrom.
² As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Results, or cash flows.}

Annual Report 2023

Click here for OMV's Online Annual Report 2023 (Interactive Online Version)

OMV Factbook 2023

The Factbook 2023 will be published in 2024.