OMV Group Report January–March 2021
including condensed consolidated interim financial statements as of March 31, 2021
Key Performance Indicators 1
Group
- Clean CCS Operating Result increased by 24% to EUR 870 mn
- Clean CCS net income attributable to stockholders amounted to EUR 424 mn, clean CCS Earnings Per Share were EUR 1.30
- Cash flow from operating activities excluding net working capital effects increased by 104% to EUR 1,711 mn
- Organic free cash flow before dividends of EUR 532 mn
- Clean CCS ROACE at 6%
- Total Recordable Injury Rate (TRIR) at 0.80
Exploration & Production
- Production increased by 23 kboe/d to 495 kboe/d
- Production cost increased by 7% to USD 6.9/boe
Refining & Marketing
- OMV refining indicator margin Europe significantly declined by 66% to USD 1.7/bbl
- Natural gas sales volumes increased by 23% to 59.0 TWh
Chemicals & Materials
- Polyethylene indicator margin Europe increased by 107% to EUR 548/t, polypropylene indicator margin Europe grew by 54% to EUR 608/t
- Polyolefin sales volumes increased by 9% to 1.53 mn t
Key events
- On April 26, 2021: Chairman of the Executive Board and CEO Rainer Seele will not make use of the extension option
- On April 16, 2021: OMV appoints new Executive Board member for Refining division
- On March 25, 2021: Alfred Stern takes seat as OMV Executive Board member for Chemicals & Materials in April
- On March 22, 2021: Innovative, sustainable technology developed by BASF and OMV: New ISO C4 plant in Burghausen/Germany starts production
- On March 4, 2021: OMV invests in 2nd-generation biofuel production
- On February 24, 2021: OMV and Post sign MoU for green hydrogen in heavy goods transport
- On February 15, 2021: OMV and Kommunalkredit invest in green hydrogen production
- On February 4, 2021: OMV’s EUR 2 bn disposal program well on the way – second divestment package announced
- On February 4, 2021: OMV changes corporate structure and appoints new Executive Board member
OMV Group Report Q1/21 (PDF, 2,5 MB)
1 Figures reflect the Q1/21 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
