OMV Websites
OMV Websites
OMV Websites
OMV Group www.omv.com Austria www.omv.at Bulgaria www.omv.bg Czech Republic www.omv.cz Germany www.omv.de Hungary www.omv.hu Norway www.omv.no Romania www.omv.ro Serbia www.omv.co.rs Russia www.omv.ru Slovakia www.omv.sk Slovenia www.omv.si Tunesia www.omv.tn Turkey www.omv.com.tr United Arab Emirates www.omv.ae
OMV Gas Websites
OMV Gas www.omv-gas.com OMV Gas Austria www.omv-gas.at OMV Gas Germany www.omv-gas.de OMV Gas Hungary www.omv-gas.hu OMV Gas Netherlands www.omv-gas.nl
OMV Borealis Websites
Borealis www.borealisgroup.com
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OMV Group Report January–June and Q2 2019

including condensed consolidated interim financial statements as of June 30, 2019

Key Performance Indicators 1

Group

  • Clean CCS Operating Result increased significantly by 44% to EUR 1,047 mn
  • Clean CCS net income attributable to stockholders amounted to EUR 510 mn, clean CCS Earnings Per Share were EUR 1.56
  • High cash flow from operating activities of EUR 1,135 mn
  • Organic free cash flow before dividends of EUR 728 mn
  • Clean CCS ROACE at 14%
     

Upstream

  • Production rose by 70 kboe/d to 490 kboe/d
  • Production cost decreased by 9% to USD 6.9/boe
     

Downstream

  • OMV indicator refining margin stood at USD 3.2/bbl 
  • Natural gas sales increased by 8% to 26.8 TWh
     

Key events

  • On June 7, 2019, OMV and Gazprom signed an „Amendment Agreement“ to the „Basic Sale Agreement“. The „Amendment Agree-ment“ foresees, in particular, a purchase price of EUR 905 mn for the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development in the Urengoy natural gas and condensate field by OMV.
     

1 Figures reflect the Q2/19 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned