OMV Group Report January – September and Q3 2021
including condensed consolidated interim financial statements as of September 30, 2021.
Key Performance Indicators 1
Group
- Clean CCS Operating Result rose sharply to EUR 1,790 mn, fueled by better performance in all segments
- Clean CCS net income attributable to stockholders of the parent amounted to EUR 781 mn, clean CCS Earnings Per Share were EUR 2.39
- Cash flow from operating activities excluding net working capital effects grew by 192% to EUR 2,007 mn
- Organic free cash flow before dividends totaled EUR 1,032 mn
- Clean CCS ROACE stood at 10%
- Total Recordable Injury Rate (TRIR) was 1.07
Exploration & Production
- Production grew by 26 kboe/d to 470 kboe/d
- Production cost decreased by 11% to USD 6.7/boe
Refining & Marketing
- OMV refining indicator margin Europe increased considerably to USD 4.4/bbl
- Natural gas sales volumes increased by 20% to 40.0 TWh
Chemicals & Materials
- Polyethylene indicator margin Europe increased by 43% to EUR 524/t, polypropylene indicator margin Europe grew by 91% to EUR 748/t
- Polyolefin sales volumes decreased marginally to 1.50 mn t
Key events
- On October 28, 2021: OMV sells its stake in the Norwegian oil field Wisting to Lundin Energy AB
- On October 13, 2021: OMV announces redemption of the NC6 Hybrid Notes 2015
- On August 31, 2021: Alfred Stern takes over as CEO of OMV on September 1
- On August 25, 2021: OMV improves to Platinum level in EcoVadis sustainability assessment in 2021
- On August 2, 2021: SapuraOMV announces the closing of the transaction to divest its stakes in Peninsular Malaysia producing assets
- On July 1, 2021: Borealis acquires a minority stake in Renasci N.V. to jointly develop novel recycling solutions
1Figures reflect the Q3/21 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
OMV Group Report (PDF, 2,2 MB)
