OMV: Market Expects Improvement in Results

Business › n.a. ♦ Published: February 21, 2012; 19:08 ♦ (Vindobona)

The Austrian oil company OMV reports its figures for the fourth quarter of 2011 tomorrow. Analysts anticipate a rise in earnings.

OMV: Market Expects Improvement in Results / Picture: © Vindobona.org

According to estimations, OMV recorded better results in the last quarter than in the third quarter of the financial year 2011. Net Profit after minorities is expected to amount to € 269m in the fourth quarter of 2011. In the third quarter, net profits reached € 233m, in the fourth quarter of 2010, net profits totaled € 216m.

EBIT is anticipated to account for € 608m…

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