OMV Global
en de
OMV Global
All Locations
View Map
OMV Websites
OMV Group Austria Bulgaria Czech Rep. Germany Hungary New Zealand Norway Romania Serbia Slovakia Tunisia UAE
OMV Gas Websites
OMV Gas Austria Belgium Germany Hungary Netherlands Turkey
OMV Petrom Websites
OMV Petrom Petrom Romania Petrom Moldova
Borealis Websites
Borealis Group

OMV Group Report January–March 2023

including condensed consolidated interim financial statements as of March 31, 2023

Key Performance Indicators


  • Clean CCS Operating Result decreased to EUR 2,079 mn due to a lower contribution from Chemicals & Materials and Energy, partly offset by a higher Fuels & Feedstock result 
  • Clean CCS net income attributable to stockholders of the parent decreased slightly to EUR 1,025 mn; clean CCS Earnings Per Share were EUR 3.13
  • Cash flow from operating activities excluding net working capital effects decreased to EUR 2,003 mn
  • Organic free cash flow before dividends totaled EUR 1,839 mn
  • Clean CCS ROACE stood at 19%
  • Total Recordable Injury Rate (TRIR) was 1.30

Chemicals & Materials

  • Polyethylene indicator margin Europe declined to EUR 348/t, polypropylene indicator margin Europe decreased to EUR 395/t
  • Polyolefin sales volumes lessened to 1.41 mn t

Fuels & Feedstock

  • OMV refining indicator margin Europe grew sharply to USD 14.8/bbl2
  • Fuels and other sales volumes Europe were fairly constant at 3.71 mn t


  • Production decreased by 80 kboe/d to 376 kboe/d, mainly due to the change in the consolidation method of Russian operations 
  • Production cost increased by 25% to USD 9.3/boe

Key events

1 Figures reflect the Q1/23 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
2 As of Q2/22, the refining indicator margin reflects the change in the crude oil reference price from Urals to Brent at OMV Petrom. 
3 As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Results, or cash flows.