Chemical Industry News, Data & Insights

OMV Boosts Q3 2025 Clean CCS Operating Result by 20% to EUR 1.3 Billion

Key highlights
  • OMV's Q3 2025 clean CCS Operating Result rose 20% to EUR 1.3 billion.
  • Cash flow from operating activities increased by 7% to EUR 1.49 billion.
  • Borouge Group International formation expected to close in Q1 2026.
  • Neptun Deep gas project on track for first production in 2027.

Financial Performance

OMV reported a 20% increase in its clean CCS Operating Result for Q3 2025, reaching EUR 1.3 billion. Group sales totaled EUR 6.26 billion, and cash flow from operating activities, excluding net working capital effects, rose by 7% to EUR 1.49 billion. The company's balance sheet remains solid with a leverage ratio of 16%.

Segment Results

The Fuels segment's clean CCS Operating Result increased by 102% to EUR 413 million, driven by higher refining margins and improved performance from ADNOC Refining & ADNOC Global Trading. The Chemicals segment saw a 64% rise in its clean Operating Result to EUR 222 million, supported by Borealis' asset reclassification and better olefin margins. However, the Energy segment's clean Operating Result decreased to EUR 622 million due to negative market effects in Exploration & Production and the absence of contributions from the divested SapuraOMV asset.

Project Developments

OMV is progressing with the formation of Borouge Group International, expected to close in Q1 2026. The Neptun Deep gas development project in the Romanian Black Sea is on track, with first gas production anticipated in 2027. Additionally, OMV has initiated the construction of a 140 MW green hydrogen electrolysis plant to support the decarbonization of its Schwechat refinery.