Published April 29, 2022

OMV Group Report January – March 2022

including condensed consolidated interim financial statements as of March 31, 2022

Key Performance Indicators¹

Group

Clean CCS Operating Result grew substantially to EUR 2,621 mn, fueled by better performance in 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 & Production²

Production decreased by 38 kboe/d to 457 kboe/d
Production cost increased by 8% to USD 7.4/boe

Key events

On April 12, 2022: OMV supplies Austrian Airlines with sustainable aviation fuel under the partnership agreement
On March 16, 2022: OMV Strategy 2030: Fundamental shift from linear towards circular business approach
On March 10, 2022: Borealis declines EuroChem’s offer for the acquisition of fertilizer, melamine, and technical nitrogen business
On March 10, 2022: OMV and ALBA enter exclusive agreement to build an innovative sorting plant
On March 5, 2022: OMV no longer pursues investments in Russia
On February 24, 2022: Borouge successfully starts up its fifth polypropylene unit in Ruwais boosting annual polyolefin capacity to meet growing global demand
On February 15, 2022: Borealis and ADNOC Consider Borouge Listing

OMV Group Report January–March 2022 including condensed consolidated interim financial statements as of March 31, 2022 (PDF, 3,7 MB)

1 Figures reflect the Q1/22 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
2 As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Result or cash flows.

Press Conferences

Conference Call

Key Performance Indicators1