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Quarterly Publications: Results January – September and Q3 2024

Results January – September and Q3 2024

  • OMV Group Report Q3/24
  • Trading Update
  • Factsheet
  • Data Supplement
  • Presentation slides
  • Presentation speech
  • Conference Call Q&A Recording
  • Conference Call Q&A Transcript

Conference Call

Key Performance Indicators1 

Group

  • Clean CCS Operating Result decreased to EUR 1,051 mn, mainly due to the significantly lower contribution from Fuels & Feedstock and the lower result in Energy, though partially offset by a markedly stronger result in Chemicals
  • Clean CCS net income attributable to stockholders of the parent lowered to EUR 346 mn; clean CCS Earnings Per Share lessened to EUR 1.06
  • Cash flow from operating activities excluding net working capital effects declined to EUR 1,391 mn
  • Organic free cash flow totaled EUR 538 mn
  • Clean CCS ROACE stood at 10%
  • Total Recordable Injury Rate (TRIR) was 1.33

Chemicals

  • Polyethylene indicator margin Europe increased substantially by 45% to EUR 447/t, polypropylene indicator margin Europe rose by 23% to EUR 407/t
  • Polyolefin sales volumes saw an increase to 1.60 mn t

Fuels & Feedstock

  • OMV refining indicator margin Europe declined significantly to USD 5.0/bbl
  • Fuels and other sales volumes Europe improved to 4.35 mn t

Energy

  • Production declined by 9% to 332 kboe/d, mainly due to production disruption in Libya
  • Production cost increased to USD 10.6/boe, mostly as a result of lower production

1Figures reflect the Q3/24 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.