OMV: Operating Result of Over € 2.0bn Expected

People ♦ Published: December 10, 2010; 07:00 ♦ (Vindobona)

The CEO of the Austrian oil group, Wolfgang Ruttenstorfer says: "2010 was a good year for OMV”.

OMV: Operating Result of Over € 2.0bn Expected / Picture: © Flickr / European Bank for Reconstruction and Development

Ruttenstorfer said at the “Klub der Wirtschaftspublizisten”, that the operating result would clearly exceed the € 2.0bn mark. This is no bold prediction, after the EBIT amounted € 1.75bn in the first nine months.

Ruttenstorfer could not make any concrete comment on the extent of the dividens. In the previous year € 1.00 per share was paid. His comment: "It will not…