OMV Group Report January-March 2021

including condensed consolidated interim financial statements as of March 31, 2021

Key Performance Indicators 1 Group
  • Clean CCS Operating Result increased by 24% to EUR 870 mn
  • Clean CCS net income attributable to stockholders amounted to EUR 424 mn, clean CCS Earnings Per Share were EUR 1.30
  • Cash flow from operating activities excluding net working capital effects increased by 104% to EUR 1,711 mn
  • Organic free cash flow before dividends of EUR 532 mn
  • Clean CCS ROACE at 6%
  • Total Recordable Injury Rate (TRIR) at 0.80
Exploration & Production
  • Production increased by 23 kboe/d to 495 kboe/d
  • Production cost increased by 7% to USD 6.9/boe
Refining & Marketing
  • OMV refining indicator margin Europe significantly declined by 66% to USD 1.7/bbl
  • Natural gas sales volumes increased by 23% to 59.0 TWh
Chemicals & Materials
  • Polyethylene indicator margin Europe increased by 107% to EUR 548/t, polypropylene indicator margin Europe grew by 54% to EUR 608/t
  • Polyolefin sales volumes increased by 9% to 1.53 mn t

Key events
  • On April 26, 2021: Chairman of the Executive Board and CEO Rainer Seele will not make use of the extension option
  • On April 16, 2021: OMV appoints new Executive Board member for Refining division
  • On March 25, 2021: Alfred Stern takes seat as OMV Executive Board member for Chemicals & Materials in April
  • On March 22, 2021: Innovative, sustainable technology developed by BASF and OMV: New ISO C4 plant in Burghausen/Germany starts production
  • On March 4, 2021: OMV invests in 2nd-generation biofuel production
  • On February 24, 2021: OMV and Post sign MoU for green hydrogen in heavy goods transport
  • On February 15, 2021: OMV and Kommunalkredit invest in green hydrogen production
  • On February 4, 2021: OMV's EUR 2 bn disposal program well on the way - second divestment package announced
  • On February 4, 2021: OMV changes corporate structure and appoints new Executive Board member

Factsheet Q1/21 (PDF, 636,9 KB)

1 Figures reflect the Q1/21 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.

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OMV AG published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2021 05:06:01 UTC.