OMV Group Report January-December and Q4 2024

Feb 4, 2025

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Group

  • Clean CCS Operating Result decreased slightly to EUR 1,375 mn, mainly due to the significantly lower contribution from Fuels & Feedstock, though this was almost fully offset by a markedly stronger result in Chemicals and a substantially higher result in Energy
  • Clean CCS net income attributable to stockholders of the parent lowered to EUR 555 mn; clean CCS Earnings Per Share declined to EUR 1.70
  • Cash flow from operating activities excluding net working capital effects increased slightly to EUR 1,168 mn 
  • Organic free cash flow totaled EUR 15 mn
  • Clean CCS ROACE stood at 10%
  • Total Recordable Injury Rate (TRIR) was 1.32
  • Total dividend per share of EUR 4.75 proposed1 comprising of a regular dividend per share of EUR 3.05 and a special dividend per share of EUR 1.70

Chemicals

  • Polyethylene indicator margin Europe increased substantially by 41% to EUR 440/t, polypropylene indicator margin Europe rose by 24% to EUR 402/t
  • Polyolefin sales volumes increased by 16% to 1.68 mn t

Fuels & Feedstock 

  • OMV refining indicator margin Europe declined significantly to USD 5.9/bbl
  • Fuels and other sales volumes Europe decreased to 4.10 mn t

Energy

  • Production declined by 7% to 337 kboe/d, mainly due to natural decline in several countries
  • Production cost decreased by 9% to USD 9.7/boe

Notes: Figures reflect the Q4/24 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
1 As proposed by the Executive Board, subject to review by the Supervisory Board; subject to approval at the Annual General Meeting 2025