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OMV Aktiengesellschaft (OMVKY)
OTHER OTC:OMVKY
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.61Last Year’s EPS
2.28Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 24.73%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive achievements, such as strong performance in the Chemicals segment, growth in polyolefin sales, and successful diversification of gas supplies, alongside challenges including declining oil and gas production, a significant decline in Fuels & Feedstock results, and increased tax rates. The positive aspects are notable, but the presence of significant challenges balances the sentiment.Company Guidance
In the fourth quarter of 2024, OMV reported a clean CCS operating result of approximately EUR 1.4 billion, marking a 31% increase from the previous quarter. This growth was primarily fueled by enhanced earnings in the Chemicals and Energy segments, although Fuels & Feedstock saw a decline. The clean CCS tax rate rose to 50% due to a higher profit share from countries with stringent tax regimes, leading to a 17% decrease in clean CCS earnings per share. The company maintained a robust cash flow from operating activities, surpassing EUR 1 billion. Polyolefin sales volumes, inclusive of joint ventures, saw a year-on-year increase of 16%, while hydrocarbon production decreased by 7%. Despite market challenges, OMV achieved a clean CCS operating result of EUR 5.1 billion for the full year 2024 and increased its cash flow from operating activities, excluding net working capital effects, by 14% to EUR 5.3 billion. Additionally, OMV announced a proposed cash dividend of EUR 4.75 per share, amounting to a dividend yield of 12.7%.Strong Performance in Chemicals Segment
Clean operating result of Chemicals increased by EUR 76 million to EUR 81 million, driven by improved polyolefin market environment and higher sales volumes.
Polyolefin Sales Growth
Polyolefin sales volumes, including joint ventures, grew by 16% year-on-year and 19% excluding joint ventures, reflecting strong market demand.
Record Dividend Proposal
For the financial year 2024, a total cash dividend of EUR 4.75 per share is proposed, resulting in a dividend yield of 12.7%.
Successful Diversification of Gas Supplies
Diversified gas supply portfolio now includes Norway, the U.S., and Italy, ensuring uninterrupted customer supply despite contract termination with Gazprom.
Efficiency Program Achievements
Generated approximately EUR 180 million in additional cash flow as part of the efficiency program, primarily from the Energy segment.
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OMVKY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OMVKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $10.11 | $9.96 | -1.48% |
| Oct 29, 2024 | $10.39 | $10.51 | +1.15% |
| Jul 31, 2024 | $10.33 | $10.47 | +1.36% |
| Apr 30, 2024 | $10.70 | $10.95 | +2.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OMV Aktiengesellschaft (OMVKY) report earnings?
OMV Aktiengesellschaft (OMVKY) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is OMV Aktiengesellschaft (OMVKY) earnings time?
OMV Aktiengesellschaft (OMVKY) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OMVKY EPS forecast?
OMVKY EPS forecast for the fiscal quarter 2025 (Q1) is 1.61.
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