OMV reported a 20 percent increase in its clean CCS Operating Result for the third quarter of 2025, reaching EUR 1.3 billion. Group sales were EUR 6.26 billion during the period, despite challenging market conditions. Cash flow from operating activities, excluding net working capital effects, rose by 7 percent to EUR 1.49 billion. The company maintained a solid balance sheet with a leverage ratio of 16 percent.
The Energy segment’s clean Operating Result decreased to EUR 622 million due to negative market impacts in Exploration & Production and the absence of contributions from the divested SapuraOMV asset. Hydrocarbon production dropped to 304 kboe/d following this divestment, but higher production in Libya helped offset declines elsewhere.
In contrast, the Fuels segment saw its clean CCS Operating Result rise by 102 percent to EUR 413 million. This growth was attributed to stronger refining margins, improved results from ADNOC Refining & ADNOC Global Trading, and better utilization rates at OMV’s European refineries.
The Chemicals segment posted a clean Operating Result of EUR 222 million, up by 64 percent. This was mainly driven by Borealis’ reclassification of assets for sale and improved olefin margins, though polyolefin sales volumes declined and inventory effects were negative.
Alfred Stern, Chairman of the Executive Board and CEO of OMV, stated: “OMV remains firmly committed to driving its agile transformation forward. We increased our clean CCS Operating Result by 20 percent in the third quarter despite a challenging market environment, driven by solid performances in all business segments. This once again demonstrates the financial resilience of our integrated business model and the strength of our future-oriented Strategy 2030. We also reached important milestones in the formation of Borouge Group International – set to become one of the world’s leading polyolefin producers – with closing expected in the first quarter of 2026. With strong progress on the Neptun Deep project in OMV Petrom and the expansion of our diversified gas portfolio, we are ideally positioned to secure the energy supply in Europe and strengthen our market position. Another key achievement was breaking ground on our 140 MW green hydrogen electrolysis plant, which will meet OMV’s internal demand and support the decarbonization of our Schwechat refinery. Our recent Capital Markets Update reaffirmed our strategic direction, underscoring OMV’s long-term competitiveness.”
The Neptun Deep gas development project in Romania remains on schedule with first gas production anticipated for 2027.
OMV continues its transition toward becoming an integrated sustainable energy company focused on circular economy solutions and aims for net zero emissions by 2050.
