Q2 2022 OMV AG Earnings Call Transcript

Feb 14, 2024

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Jul 28, 2022 / 09:30AM GMT
Florian Greger - OMV Aktiengesellschaft - Senior VP and Head of IR & Sustainability

Good morning, ladies and gentlemen, and welcome to OMV's earnings call for the second quarter 2022.

With me on the call are Alfred Stern, OMV's CEO; and Reinhard Florey, our Chief Financial Officer. As always, Alfred will walk you through the highlights of the quarter and discuss OMV's financial performance. And after his presentation, both gentlemen are available to answer your questions.

And with that, I'll hand it over to Alfred.

Alfred Stern - OMV Aktiengesellschaft - CEO, Executive Officer of Chemicals & Materials and Chairman of Executive Board

Thank you, Florian. Ladies and gentlemen, good morning, and thank you for joining us today. The markets in the second quarter of 2022 experienced a lot of pressure and unprecedented uncertainty. Oil and gas prices continued to rise. The refining margins reached all-time record highs, and daily headlines on the sharp decline of Russian gas supply to Europe dominated news feeds. At OMV, we were confronted

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