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
Cash flow from operating activities
In EUR mn
Dividend per share2
In EUR
Reserve replacement rate
In %
Clean CCS ROACE1
In %
Clean CCS earnings per share1
In EUR
More information about OMV’s economic performance can be found in the Annual Report 2019.
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