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 Q4 and full year 2016

Highlights Q4/16:

  • Clean CCS EBIT at EUR 315 mn
  • Clean CCS net income attributable to stockholders at EUR 153 mn;
  • Clean CCS Earnings Per Share of EUR 0.47
  • Strong free cash flow after dividends including non-controlling interest changes of EUR 803 mn

Highlights full year 2016:

  • Clean CCS EBIT at EUR 1,110 mn
  • Clean CCS net income attributable to stockholders at EUR 995 mn; clean CCS Earnings Per Share of EUR 3.05
  • Strong free cash flow after dividends including non-controlling interest changes of EUR 1,105 mn
  • Proposed Dividend per share of EUR 1.20

Rainer Seele, CEO of OMV:
“The year 2016 was one of transformation for OMV. We have taken significant steps towards reshaping the portfolio of OMV and our total divestment efforts generated EUR 1.7 bn of proceeds. In Q4/16, we also increased our stake in four Exploration and Production Sharing Agreements in the Sirte Basin in Libya.
Through Group-wide cost reductions and efficiency efforts, OMV saved EUR 200 mn, EUR 100 mn ahead of target. OMV delivered a robust clean CCS EBIT of EUR 1,110 mn in 2016 supported by a strong Downstream result. The Group generated free cash flow after dividends, including non-controlling interest changes, of EUR 1.1 bn, EUR 1.7 bn higher than the previous year.
The Executive Board of OMV proposes to the Annual General Meeting a dividend per share of EUR 1.20.”