Economic performance

In 2019, OMV recorded a clean CCS Operating Result of EUR 3.5 bn despite the challenging market environment. This remarkable result was driven by strong results in both the Upstream and Downstream Business Segments and by strict cost discipline. In 2019, the operating cash flow amounted to EUR 4.1 bn. Following the payment of the highest dividend in OMV history, an organic free cash flow after dividends of EUR 1.3 bn was achieved, which contributed to finance major acquisitions in 2019, such as the 15% stake in the ADNOC Refining business and the 50% interest in SapuraOMV.

Clean CCS operating result1

In EUR mn

Clean CCS Operating Result (bar chart)

Cash flow from operating activities

In EUR mn

Free cash flow after dividends (bar chart)

Dividend per share2

In EUR

Dividend per share (bar chart)

Reserve replacement rate

In %

Reserve Replacement Rate (bar chart)

Clean CCS ROACE1

In %

Clean CCS ROACE (bar chart)

Clean CCS earnings per share1

In EUR

Clean CCS Earnings per share (bar chart)

1 Adjusted for special items; clean CCS figures exclude fuels’ inventory holding gains/losses (CCS effects) resulting from the fuels of refineries.

2 Dividend per share 2019: as proposed by the Executive Board and confirmed by the Supervisory Board, subject to confirmation by the Annual General Meeting 2020