Quarterly Publications: OMV Group Report January – December and Q4 2020
Results video
Key Performance Indicators
Group
- Clean CCS Operating Result came in at EUR 524 mn
- Clean CCS net income attributable to stockholders amounted to EUR 219 mn, clean CCS Earnings Per Share were EUR 0.67
- Cash flow from operating activities excluding net working capital effects of EUR 830 mn
- Organic free cash flow before dividends of EUR 126 mn
- Clean CCS ROACE at 5%
- Lost-Time Injury Rate at 0.35
- Cost savings of more than EUR 300 mn versus 2019 achieved 1
- Dividend Per Share of EUR 1.85 proposed 2; increase of 6% compared to the previous year
Upstream
- Production decreased to 472 kboe/d
- Production cost decreased to USD 6.2/boe
Downstream
- OMV refining indicator margin significantly declined by 66% to USD 1.7/bbl
- Natural gas sales volumes increased by 13% to 50.4 TWh
Note: Figures reflect the Q4/20 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
1 Initial target of around EUR 200 mn in OPEX savings and reduction of exploration expenditures
2 As proposed by the Executive Board; subject to confirmation by the Supervisory Board and the Annual General Meeting 2021