OMV: Good Performance Expected

Businessn.a. ♦ Published: November 6, 2012; 18:22 ♦ (Vindobona)

The Austrian oil and gas group will publish the results for the first nine months tomorrow.

OMV: Good Performance Expected / Picture: ©

According to analysts of Erste Group, RCB (Raiffeisen Centrobank) and Kepler Research, OMV will present substantial improvements regarding sales, profits and earnings. Above all, the first half year was performing well. The third quarter will be substantially weaker, analysts say. The main reasons are higher exploration costs and trading difficulties in Yemen.

Against the…

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