OMV posts €1.26bn operating profit in Q3 despite falling revenues

Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.

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Oil and gas group OMV reported an adjusted operating profit of €1.262bn ($1.34bn) between July and September 2025, up 20% from the same period last year. This performance came despite falling energy prices, which contributed to a 7% drop in revenue to €6.26bn ($6.65bn).

Fuels and petrochemicals drive growth

OMV stated that all its business segments contributed positively to the quarter’s results, despite a market environment described as challenging. Net profit rose to €594mn ($631mn), compared to €346mn ($368mn) in the third quarter of 2024. The increase was largely due to strong results in fuels and chemicals, supported by favourable margins.

Chief Executive Officer Alfred Stern welcomed the company’s ability to deliver solid results in a volatile context, stating in the release that “all business segments” had contributed to the performance.

An integrated model amid trade tensions

OMV operates across the entire hydrocarbons value chain, from exploration to distribution. This integrated structure allows the company to secure multiple revenue sources but also exposes it to geopolitical fluctuations and international trade policies.

The company, 31.5% owned by the Austrian state, is closely monitoring potential consequences of recent tariff increases imposed by the United States. While the direct impact has so far been limited, OMV anticipates possible disruptions to trade flows and demand in certain strategic markets.

Margin protection and demand adjustment

Although no financial guidance was provided for the remainder of the year, OMV stated it is focusing on protecting margins, especially in high-value segments. The company continues to adjust operations based on demand signals while managing supply chains and inventory.

OMV remains exposed to global energy market cycles, but its recent results reflect the effectiveness of its industrial strategy amid economic uncertainty.

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