OMV has reported a clean CCS Operating Result of EUR 4.6 billion for the full year 2025, with cash flow from operating activities reaching EUR 5.2 billion. The company’s balance sheet remains strong, showing a leverage ratio of 14%. OMV attributes more than EUR 350 million in additional operating cash flow to its ongoing efficiency program.
The Executive Board is set to propose a total dividend of EUR 4.40 per share for the year, including a regular dividend of EUR 3.15 and an additional dividend of EUR 1.25. This marks the fourth consecutive year OMV will have proposed an extra dividend and represents an increase in the regular dividend by over 30% across four years.
Alfred Stern, Chairman of the Executive Board and CEO, stated: “OMV achieved solid performance in the 2025 financial year despite the very challenging market environment, proving yet again the robustness of our integrated business model. A key strategic milestone was the progress made on the formation of Borouge Group International, through which we, together with our long-standing partner ADNOC, are establishing a global leader in polyolefins. The Neptun Deep gas development project, being operated as planned by OMV Petrom in Romania, will make a significant contribution to the security o[f] the energy supply in Europe. This will enable OMV to establish the strongest gas portfolio in the Company’s history in future. With the commissioning of our ReOil plant in Schwechat and the ongoing construction of the 140 MW electrolyzer plant in Bruck an der Leitha, we launched innovative, sustainable initiatives. At the same time, we generated strong operating cash flow in a volatile market environment to underpin our attractive dividend policy and give us financial leeway for the next steps of our transformation. OMV is developing consistently toward a future-proof, integrated business for sustainable energy, fuels, and chemicals.”
The Energy segment saw its clean Operating Result fall by 29% to EUR 2.7 billion compared to last year due mainly to negative market effects and lower oil prices; however elevated gas prices provided some offsetting effect. Production remained relatively stable when adjusted for divestments.
In Fuels, clean CCS Operating Result increased by 20% to EUR 1.1 billion as higher refining margins and improved utilization rates contributed positively despite scheduled maintenance at certain refineries during the year.
Chemicals posted a significant improvement with its clean Operating Result rising by 71% to EUR 784 million following reclassification activities related to Borealis Group and better olefin indicator margins.
For full-year group results compared with last year: sales revenues from continuing operations were down by 7% at EUR 24.31 billion; clean CCS net income attributable to stockholders fell by 7% to EUR 1.94 billion; earnings per share dropped similarly; but cash flow from operating activities declined only slightly.
Looking ahead into next year (2026), OMV projects organic capital expenditure at about EUR 3.2 billion while expecting Brent crude prices around USD 65 per barrel and refinery utilization rates above 90%.
OMV continues its transition towards becoming an integrated provider focused on sustainable energy solutions and aims for net zero emissions by no later than 2050.
