Published February 1, 2024

OMV Group Report January–December and Q4 2023

including preliminary consolidated financial statements as of December 31, 2023

Key Performance Indicators¹

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 dropped 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 proposed² 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

Key events

On January 31, 2024: OMV Executive Board proposes the distribution of a total dividend of EUR 5.05 per share for the financial year 2023
On January 31, 2024: OMV to divest shareholding in SapuraOMV to TotalEnergies
On January 15, 2024: OMV collaborates with startups and tech frontrunners as part of transition to Low Carbon Business in Energy Division
On January 9, 2024: OMV and Microsoft accelerate decarbonization of corporate air travel and its supply chain logistics
On January 3, 2024: OOMV Petrom signs the largest acquisition of green projects in Romania
On December 20, 2023: OMV examines decree on OMV assets in Russia
On December 12, 2023: Neptun Deep project makes significant progress: more than 80% of the execution agreements have been awarded
On December 12, 2023: OMV and Synthos sign MoU to cooperate on sustainability, including the supply of sustainable butadiene for synthetic rubber
On December 4, 2023: OMV to enter in negotiations with bidders for potential SapuraOMV sale; to continue sales process for OMV NZL separately
On November 29, 2023: OMV and Cheniere sign long-term LNG supply agreement
On November 29, 2023: Borealis to acquire Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria
On November 6, 2023: Climate-neutral district heating: Wien Energie and OMV establish joint venture for deep geothermal energy
On November 2, 2023: Borealis expands its mechanically recycled plastic compounding capacity with closing the acquisition of Rialti S.p.A.
On October 31, 2023: OMV and Interzero establish joint venture to build and operate Europe’s largest sorting facility for chemical recycling
On October 30, 2023: Reinhard Florey reappointed as CFO of OMV
On October 3, 2023: OMV and Wood sign collaboration agreement for commercial licensing of OMV’s ReOil® technology
On October 3, 2023: Borealis and TotalEnergies Start Up Baystar JV Polyethylene Unit

Press Conference

IR Conference Call

Publications

¹Figures reflect the Q4/23 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.

²As proposed by the Executive Board, subject to review by the Supervisory Board; subject to approval at the Annual General Meeting 2024

Key Performance Indicators1