Quarterly Publications: OMV Group Report January – March 2022
Results video
Group
- Clean CCS Operating Result grew substantially to EUR 2,621 mn, fueled by better performance of all segments
- Clean CCS net income attributable to stockholders of the parent amounted to EUR 1,070 mn; clean CCS Earnings Per Share were EUR 3.27
- Cash flow from operating activities excluding net working capital effects almost doubled to EUR 3,350 mn
- Organic free cash flow before dividends totaled EUR 2,063 mn
- Clean CCS ROACE stood at 16%
- Total Recordable Injury Rate (TRIR) was 0.98
Chemicals & Materials
- Polyethylene indicator margin Europe decreased by 20% to EUR 438/t, polypropylene indicator margin Europe grew by 6% to EUR 647/t
- Polyolefin sales volumes decreased by 4% to 1.47 mn t
Refining & Marketing
- OMV refining indicator margin Europe grew sharply to USD 9.8/bbl
- Fuels and other sales volumes Europe increased by 10% to 3.66 mn t
Exploration & Production1
- Production decreased by 38 kboe/d to 457 kboe/d
- Production cost increased by 8% to USD 7.4/boe
Note: Figures reflect the Q1/22 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
1 As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Result or cash flows.