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–December and Q4 2020

including preliminary consolidated financial statements as of December 31, 2020

 

Key Performance Indicators1

Group

  • Clean CCS Operating Result came in at EUR 524 mn
  • Clean CCS net income attributable to stockholders amounted to EUR 219 mn, 
  • clean CCS Earnings Per Share were EUR 0.67
  • Cash flow from operating activities excluding net working capital effects 2 of EUR 830 mn
  • Organic free cash flow before dividends of EUR 126 mn
  • Clean CCS ROACE at 5%
  • Lost-Time Injury Rate at 0.35
  • Cost savings of more than EUR 300 mn versus 2019 achieved 3
  • Dividend Per Share of EUR 1.85 proposed 4 ; increase of 6% compared to the previous year

Upstream

  • Production decreased to 472 kboe/d
  • Production cost decreased to USD 6.2/boe

Downstream

  • OMV refining indicator margin significantly declined by 66% to USD 1.7/bbl 
  • Natural gas sales volumes increased by 13% to 50.4 TWh

Key events

Figures reflect the Q4/20 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
2 Displayed as sources of funds in the cash flow statement
3 Initial target of around EUR 200 mn in OPEX savings and reduction of exploration expenditures
As proposed by the Executive Board; subject to confirmation by the Supervisory Board and the Annual General Meeting 2021

OMV Group Report (PDF, 4,6 MB)