Q1 2020 Results Conference Call Rainer Seele Chairman of the Executive Board and CEO April 29, 2020 OMV Aktiengesellschaft
Disclaimer This report contains forward-looking statements. Forward-looking statements may be identified by the use of terms such as outlook, expect, anticipate, target, estimate, goal, plan, intend, may, objective, will, and similar…
Key messages FINANCIAL STRONG DELIVERING THE PERFORMANCE OPERATIONS STRATEGY Resilient Clean CCS Operating Quarterly production of Signed agreement for acquisition Result of EUR 699 (-8% y-o-y) 472 kboe/d of additional 39% in…
Clean CCS Operating Result impacted by weaker market in Upstream, partially compensated by strong Downstream Clean CCS Operating Result Clean CCS Net Income attributable Clean CCS Earnings Per Share EUR mn to stockholders EUR Upstream…
Upstream Weaker oil and gas market environment and increased exploration expenses, partially offset by higher sales Clean Operating Result Q1/20 vs. Q1/19 EUR mn Weaker market environment Average realized oil price decreased by 22%…
Downstream Stronger market environment and solid operational performance, supported by positive hedging impact Clean CCS Operating Result Q1/20 vs. Q1/19 EUR mn Stronger market environment +127 Refining indicator margin at USD…
Cash generation from operating activities of EUR 0.8 bn, excluding positive net working capital effects Organic cash flow 3m/20 EUR bn 1.2 Cash flows 3m/20 vs. 3m/19 Decrease of cash flow from operations excl. net working capital…
Healthy balance sheet Net debt excluding leases, Gearing ratio excluding leases EUR bn, % 26% End of March 2020 In April 2020 issued senior OMV cash-position bonds, in particular for financing 22% the Borealis deal 1 19% EUR 2.8 bn…
Divestment program well underway Gas Connect Austria Ownership: OMV 51%, AS Gasinfrastruktur 49% (thereof, Allianz Group 60% and Snam 40%) Central hub in the European natural gas network Status: due diligence in progress OMV…
Updated outlook 2020 2019 Outlook 2020 Brent oil price (USD/bbl) 64 40 (previously 60) Average realized gas price (EUR/MWh) 11.9 10…
BACKUP OMV Aktiengesellschaft
Upstream Weaker market environment, lower sales volumes and higher exploration expenses Clean Operating Result Q1/20 vs. Q4/19 EUR mn Weaker market environment (323) Realized oil price decreased by 23% 459 Realized gas price…
Downstream Higher earnings supported by strong petrochemical margins and hedging impact Clean CCS Operating Result Q1/20 vs. Q4/19 EUR mn Stronger market environment +116 Stable refining margin at USD 4.9/bbl (-2%) 501 Higher…
Strong balance sheet Balance sheet Mar. 31, 2020 vs. Dec. 31, 2019 EUR bn 42.3 42.3 40.4 40.4 Stockholders equity 12.9 13.0 Reclassification of Gas Connect Group to held Tangible & 19.2 for sale in Q1/20 20.6 intangible…
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