Quarterly Publications: Results January – December and Q4 2023
Conference Call
Group
- Clean CCS Operating Result decreased to EUR 1,432 mn due to a lower contribution from all three business segments
- Clean CCS net income attributable to stockholders of the parent declined to EUR 665 mn; clean CCS Earnings Per Share were EUR 2.03
- Cash flow from operating activities excluding net working capital effects decreased to EUR 1,143 mn
- Organic free cash flow totaled EUR 148 mn
- Clean CCS ROACE stood at 12%
- Total Recordable Injury Rate (TRIR) was 1.37
- Total dividend per share of EUR 5.05 proposed1 comprising of a regular dividend per share of EUR 2.95 and a special dividend per share of EUR 2.10
Chemicals & Materials
- Polyethylene indicator margin Europe decreased to EUR 312/t, polypropylene indicator margin Europe declined to EUR 323/t
- Polyolefin sales volumes increased slightly to 1.45 mn t
Fuels & Feedstock
- OMV refining indicator margin Europe decreased significantly to USD 9.9/bbl
- Fuels and other sales volumes Europe declined slightly to 4.28 mn t
Energy
- Production dropped by 21 kboe/d to 364 kboe/d
- Production cost increased by 16% to USD 10.6/boe
Notes: Figures reflect the Q4/23 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 2024