OMV nearly doubles Q3 operating profit as fuel prices soar
29/10/2026 06:23
OMV nearly doubles Q3 operating profit as fuel prices soar Oct 29 (Reuters) - OMV OMVV.VI nearly doubled its third quarter operating profit propelled by its fuels division and rising energy margins, the Austrian oil and gas firm said on Thursday, broadly meeting market expectations.
The Vienna-based company reported an adjusted operating profit of €2.12 billion ($2.42 billion), compared with a Vara consensus of €2.17 billion and a year-ago figure of €1.26 billion.
($1 = 0.8959 euros)
(Reporting by Danny Callaghan and Tristan Veyet; editing by Milla Nissi-Prussak)
((Email: danny.callaghan@thomsonreuters.com))
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