OMV Corporate TV: OMV Results Video January – June and Q2 2015 - Media Database - English movie: The video gives an overview on the OMV Results Q2/2015. In Q2/15, the oil price showed some improvement versus the beginning of the year, the operating environment for OMV, however, remains challenging. Clean CCS EBIT in Q2/15 improved by 13% vs. Q1/15 since we benefited from the higher oil price, increased sales volumes and managed to capture the strong margin environment in Downstream Oil. A comparison with results from Q2/14 illustrates the natural hedge from our integrated business model. While the Upstream result decreased, the Downstream Business Segment managed to offset nearly all of this decline in Q2/15. Additionally, the implemented cost reduction measures are supporting the result.
- Archive number: MEDIA071343
- Title: OMV Corporate TV: OMV Results Video January – June and Q2 2015
- Caption: English movie: The video gives an overview on the OMV Results Q2/2015. In Q2/15, the oil price showed some improvement versus the beginning of the year, the operating environment for OMV, however, remains challenging. Clean CCS EBIT in Q2/15 improved by 13% vs. Q1/15 since we benefited from the higher oil price, increased sales volumes and managed to capture the strong margin environment in Downstream Oil. A comparison with results from Q2/14 illustrates the natural hedge from our integrated business model. While the Upstream result decreased, the Downstream Business Segment managed to offset nearly all of this decline in Q2/15. Additionally, the implemented cost reduction measures are supporting the result.
- Duration: 00:01:20.240
- Copyright: © OMV Aktiengesellschaft
- Format: Material Exchange Format (MXF)
- File size: 515,163 KB
- Topics:
- Topics
- Overviews
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