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OMV Petrom Group: results for Q4 and January – December 2014

Q4/14 vs Q4/13

  • Clean CCS EBIT down 26%, mainly due to lower crude prices
  • Group hydrocarbon production maintained stable
  • Gas sales volumes up 5%; Petrobrazi refinery is delivering a good performance post modernization
  • Strong financial position as at end-2014
  • 2015: investments reduced by 20 - 35% vs 2014, including portfolio optimization and further cost efficiency initiatives, to cope with current market challenges

OMV Petrom Investor News Q4 2014 (PDF, 319,1 KB) ​​​​​​​