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Strong Growth in Results for OMV
The Austrian energy company OMV records a strong increase in EBIT as well as profitability.
Strong Growth in Results for OMV / Picture: © Wikimedia Commons / Priwo [Public Domain]
OMV shows a strong full year performance: EPS is up by 61% to EUR 3.08. Clean results up vs. Q4/09: Clean CCS EBIT increased by 37% to € 567m supported by the higher crude price, better refining margins and a strong G&P business; clean CCS net income after minorities is up 85% to € 216m. The proposed dividend of € 1.00 per share is at previous year’s level.
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