OMV Group Report January-June and Q2 2021

including condensed consolidated interim financial statements as of June 30, 2021

Key Performance Indicators1 Group
  • Clean CCS Operating Result increased significantly to EUR 1,299 mn
  • Clean CCS net income attributable to stockholders of the parent amounted to EUR 643 mn, clean CCS Earnings Per Share were EUR 1.97
  • Cash flow from operating activities excluding net working capital effects grew substantially to EUR 1,725 mn
  • Organic free cash flow before dividends totaled EUR 948 mn
  • Clean CCS ROACE at 8%
  • Total Recordable Injury Rate (TRIR) at 0.94
Exploration & Production
  • Production grew by 26 kboe/d to 490 kboe/d
  • Production cost increased by 9% to USD 6.8/boe
Refining & Marketing
  • OMV refining indicator margin Europe declined by 2% to USD 2.2/bbl
  • Natural gas sales volumes increased by 37% to 44.4 TWh
Chemicals & Materials
  • Polyethylene indicator margin Europe increased by 105% to EUR 803/t, polypropylene indicator margin Europe grew by 98% to EUR 898/t
  • Polyolefin sales volumes decreased by 3% to 1.42 mn t
Key events
  • On July 1, 2021: Borealis acquires a minority stake in Renasci N.V. to jointly develop novel recycling solutions
  • On June 8, 2021: OMV and MOL Group reach agreement for MOL Group to acquire OMV Slovenia
  • On June 1, 2021: OMV appoints Alfred Stern as new CEO
  • On May 31, 2021: OMV and VERBUND close purchase of 51% interest in Gas Connect Austria
  • On May 19, 2021: OMV's industry association memberships in alignment with the Paris Agreement - Review 2021
  • On May 17, 2021: OMV Petrom closes the divestment of the production assets in Kazakhstan
  • On April 30, 2021: SapuraOMV agrees to divest its stakes in Peninsular Malaysia producing assets
  • 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

OMV Group Report (PDF, 4,3 MB)

1 Figures reflect the Q2/21 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 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 05:02:10 UTC.