- including condensed consolidated interim financial statements as of March 31, 2023
According to the company’s website news release on April 28, 2023:
Key Performance Indicators
Group
- Clean CCS Operating Result decreased to EUR 2,079 mn due to a lower contribution from Chemicals & Materials and Energy, partly offset by a higher Fuels & Feedstock result
- Clean CCS net income attributable to stockholders of the parent decreased slightly to EUR 1,025 mn; clean CCS Earnings Per Share were EUR 3.13
- Cash flow from operating activities excluding net working capital effects decreased to EUR 2,003 mn
- Organic free cash flow before dividends totaled EUR 1,839 mn
- Clean CCS ROACE stood at 19%
- Total Recordable Injury Rate (TRIR) was 1.30
Chemicals & Materials
- Polyethylene indicator margin Europe declined to EUR 348/t, polypropylene indicator margin Europe decreased to EUR 395/t
- Polyolefin sales volumes lessened to 1.41 mn t
Fuels & Feedstock
- OMV refining indicator margin Europe grew sharply to USD 14.8/bbl2
- Fuels and other sales volumes Europe were fairly constant at 3.71 mn t
Energy
- Production decreased by 80 kboe/d to 376 kboe/d, mainly due to the change in the consolidation method of Russian operations
- Production cost increased by 25% to USD 9.3/boe
Key events
- On April 14, 2023: Mark Garrett to resign as OMV Supervisory Board Chairman at 2023 Annual General Meeting
- On April 3, 2023: Aker BP and OMV awarded licence for CO2 storage
- On March 16, 2023: OMV recognized as CDP Supplier Engagement Leader
- On March 8, 2023: Wien Energie and OMV join forces to develop deep geothermal energy in the Vienna region
- On February 27, 2023: OMV decides to initiate sales process to divest its E&P assets in the Asia-Pacific region
- On January 12, 2023: Borealis acquires a majority stake in Renasci signalling on-going commitment to leading the transformation to a circular economy
- On January 10, 2023: OMV recognized as a leader in climate change action for seventh consecutive year and maintains Dow Jones Sustainability Index status and leadership score in CDP
