OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025

Financial Performance

OMV reported a clean CCS Operating Result of EUR 4.6 billion for 2025, with a clean CCS net income attributable to stockholders of EUR 1.9 billion. Sales from continuing operations reached EUR 24.3 billion, and cash flow from operating activities was EUR 5.2 billion. The company maintained a strong balance sheet with a low leverage ratio of 14%.

Segment Results

The Energy segment's clean Operating Result fell by 29% to EUR 2.7 billion due to negative market effects. The Fuels segment saw a 20% increase in its clean CCS Operating Result, reaching EUR 1.1 billion, driven by higher refining margins. The Chemicals segment's clean Operating Result grew by 71% to EUR 784 million, aided by the reclassification of the Borealis Group and improved olefin margins.

Dividend Proposal

OMV proposed a total dividend of EUR 4.40 per share, consisting of a regular dividend of EUR 3.15 and an additional dividend of EUR 1.25. This marks the fourth consecutive year of proposing an additional dividend.

Efficiency Program

The efficiency program contributed over EUR 350 million to operating cash flow, with a target of EUR 500 million by the end of 2027.

Outlook for 2026

OMV projects an organic CAPEX of around EUR 3.2 billion for 2026. The company expects an average Brent price of USD 65/bbl and hydrocarbon production slightly below 300 kboe/d. The refining indicator margin in Europe is estimated at around USD 8/bbl, with a refinery utilization rate over 90%.