Quarterly publications: Results January – March 2026
Conference Call
Key Performance Indicators
Group
- Clean CCS Operating Result decreased to EUR 1,025 mn due to a lower Energy and marginally lower Fuels result, partly offset by a significantly higher contribution from Chemicals
- Clean CCS net income attributable to stockholders of the parent was EUR 323 mn; clean CCS Earnings Per Share were EUR 0.99
- Cash flow from operating activities excluding net working capital effects amounted to EUR 1,624 mn, largely driven by a higher pricing environment, while also benefiting from timing effects
- Net working capital effects generated a cash outflow of EUR –848 mn; cash flow from operating activities totaled EUR 776 mn
- Organic free cash flow totaled EUR –125 mn
- Clean CCS ROACE stood at 10%
- Total Recordable Injury Rate (TRIR) was 1.24
Energy
- Production declined by 7% to 288 kboe/d, mainly as a consequence of the conflict in the Middle East
- Production cost increased from USD 10.1/boe to USD 11.6/boe
Fuels
- OMV refining indicator margin Europe more than doubled to USD 13.9/bbl; however, it exhibited very high volatility
- Fuels and other sales volumes Europe increased to 3.80 mn t
Chemicals
- Polyethylene indicator margin Europe increased by 30% to EUR 580/t, polypropylene indicator margin Europe increased by 25% to EUR 477/t
- Polyolefin sales volumes decreased by 2% to 1.55 mn t
Notes: Figures reflect the Q1/26 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.