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Austria's OMV reports Q2 operating profit ahead of expectations

Austria's OMV reports Q2 operating profit ahead of expectations

- Oil, gas and chemicals firm OMV OMVV.VI slightly beat adjusted operating profit estimates for the second quarter on Friday, driven by better-than-expected performance at the firm's energy and chemicals division.

The Austrian firm reported a group operating profit of €1.71 billion ($1.97 billion), above analysts expectations of €1.66 billion, according to a consensus compiled by Vara.


($1 = 0.8692 euros)


(Reporting by Danny Callaghan and Tristan Veyet; Editing by Mrigank Dhaniwala)

((Email: danny.callaghan@thomsonreuters.com))

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