Market Overview

OMV Posts Surge In Q3 Net Income

Austrian company OMV AG (OTC: OMVKY) reported a rise in its Q3 net income.

Its quarterly clean current cost of supply earnings before interest and taxes rose 34% y/y to 786 million euros ($1.01 billion), while clean CCS net income attributable to stockholders climbed 34% y/y to EUR317 million.

OMV's EBIT jumped 37% y/y to EUR779 million.

OMV shares closed at $36.70 yesterday.

Posted-In: profitEarnings News

 

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