Brief: OMV Petrom Q1 Net Profit At 1.07 Billion Lei, Down 24% YoY

OMV Petrom SA

30/04/2025 06:05

April 30 (Reuters) - OMV AG OMVV.VI:

Q1 NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS AT 1.07 BILLION LEI VERSUS PROFIT OF 1.40 BILLION LEI YEAR AGO

Q1 CLEAN CCS OPERATING RESULT OF 1.26 BILLION LEI VERSUS 1.77 BILLION LEI YEAR AGO

Q1 GAS SALES VOLUMES UP S AT 13.1 TWH SUPPORTED MAINLY BY LARGER VOLUMES SOLD TO WHOLESALERS

FOR FY 2025 SEES THE AVERAGE BRENT OIL PRICE TO BE BETWEEN AROUND $70/BBL VERSUS $80.8/BBL IN 2024

FOR FY 2025 SEES REFINING MARGIN BETWEEN  $7-8/BBL VERSUS $9.2/BBL IN 2024

SEES DEMAND IN ROMANIA FOR RETAIL FUELS SLIGHTLY ABOVE 2024 LEVEL WHILE GAS AND POWER DEMAND TO BE STABLE YOY

SEES TOTAL GAS SALES VOLUMES IN 2025 LOWER YOY MAINLY ON LOWER SUPPLY AND TRADING OPPORTUNITIES

SEES NET ELECTRICAL OUTPUT IN 2025 STABLE YOY

Further company coverage: OMVV.VI

 (Gdansk Newsroom)

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