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OMV Websites
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OMV Websites
OMV Websites
OMV www.omv.com Austria www.omv.at Bulgaria www.omv.bg Czech Rep. www.omv.cz Germany www.omv.de Hungary www.omv.hu New Zealand www.omv.nz Norway www.omv.no Romania www.omv.ro Russia www.omv.ru Serbia www.omv.co.rs Slovakia www.omv.sk Slovenia www.omv.si Tunisia www.omv.tn Turkey www.omv.com.tr UAE www.omv.ae
OMV Gas Websites
OMV Gas www.omv-gas.com Austria www.omv-gas.at Belgium www.omv-gas.be Germany www.omv-gas.de Hungary www.omv-gas.hu Netherlands www.omv-gas.nl
OMV Petrom Websites
OMV Petrom www.omvpetrom.com Petrom Romania www.petrom.ro Petrom Moldova www.petrom.md
Borealis Websites
Borealis Group www.borealisgroup.com
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Report January – March 2012

  • Clean CCS EBIT at EUR 800 mn, up 9% vs. Q1/11
  • Contribution from Petrom to clean CCS EBIT increased 34% to EUR 379 mn
  • Clean CCS net income attributable to stockholders is up 37% to EUR 379 mn
  • Gearing ratio down to 28% vs. 47% in Q1/11
  • E&P result supported by increased oil price and higher sales volumes from Libya
  • G&P benefited from improved margins at Petrom
  • R&M was burdened by a low margin environment in both refining (incl. petrochemicals) and
  • marketing

Gerhard Roiss, CEO of OMV:
“The year 2012 started very favorably for OMV. On February 22, we were able to announce a potentially significant deep water gas discovery in the Black Sea offshore Romania. This is a good example of how we are delivering on our strategy by focusing on bigger, high impact exploration targets. In Libya, production has quickly returned to approx. 85% of pre-crisis levels and these volumes contributed positively to the operating result in Q1/12. Stronger oil prices and the very cold Central European winter supported the results of our E&P and G&P business segments respectively. In the R&M business, both refining and marketing margins have been under pressure, a situation which is expected to persist in the rest of the year.”< /p>

Further information please find in the attached Report January – March 2012 in the sidebar.