including condensed consolidated interim financial statements as of September 30, 2023
Key Performance Indicators1
Group
- Clean CCS Operating Result lessened to EUR 1,334 mn due to a lower contribution from Energy and Chemicals & Materials, partially offset by a higher result in Fuels & Feedstock
- Clean CCS net income attributable to stockholders of the parent decreased to EUR 431 mn
- Clean CCS Earnings Per Share were EUR 1.32
- Cash flow from operating activities excluding net working capital effects declined to EUR 1,867 mn, mainly due to a less favorable market environment
- Organic free cash flow totaled EUR 880 mn
- Clean CCS ROACE stood at 12%
- Total Recordable Injury Rate (TRIR) was 1.30
Chemicals & Materials
- Polyethylene indicator margin Europe decreased slightly to EUR 308/t,
- Polypropylene indicator margin Europe declined to EUR 330/t
- Polyolefin sales volumes increased to 1.47 mn t
Fuels & Feedstock
- OMV refining indicator margin Europe decreased slightly to USD 14.0/bbl
- Fuels and other sales volumes Europe were higher at 4.28 mn t
Energy
- Production dropped by 18 kboe/d to 364 kboe/d
- Production cost increased by 10% to USD 9.0/boe
Key events
- On October 3: OMV and Wood sign collaboration agreement for commercial licensing of OMV’s ReOil® technology
- On October 3: Borealis and TotalEnergies Start Up Baystar JV Polyethylene Unit
- On September 27: OMV and Norway’s Equinor agree new long-term gas supply contract
- On September 18: OMV to supply Air France-KLM with 2,000 t Sustainable Aviation Fuel this year
- On September 8: World EV Day (TM): OMV rolls out eMotion brand for ultra-fast charging in electromobility
- On August 16: OMV successfully completes Turnaround in the Schwechat Refinery
- On July 28: OMV announces new gas discovery in Austria
- On July 28: bp and OMV sign a 10-year LNG supply agreement
- On July 14: OMV decides to pursue negotiations with ADNOC on a potential cooperation regarding their polyolefins businesses
- On July 5: Borealis completes the sale of its nitrogen business to AGROFERT
- On July 5: OMV secures additional gas transport capacities until 2028
1 Figures reflect the Q3/23 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.