OMV Experienced 21 Percent Drop in EBIT – ValueWalk Premium
OMV EBIT
07Nov

OMV Experienced 21 Percent Drop in EBIT

OMV AG (ADR) (OTCMKTS:OMVKY) (ETR:OMV) (FRA:OMV) has just revealed its financial statements for 3Q2013 and has realized a clean CCS EBIT of EUR 619 million, down 21% on a YoY basis. The Austrian firm also realized a clean CCS net income of EUR 263 million, 17% down YoY.

OMV's EBIT dragged down

EBIT was dragged down by decline in incomes of all three business segments. The EBIT of the exploration and production segment . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.

Author

Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.

Related Posts

Multi-Asset Analysis, Asset Management
27Jun

Multi-Asset Analysis Within Asset Management

By

Multi-Asset Analysis Within Asset Management by Jonathan Wiser, FactSet With no industry standard for measuring multi-asset portfolios to date, buy-side performance and risk teams are coming together at TSAM New... read more

Hedge funds
08Jun

China Hedge Funds Rise As Chinese Stocks Rule At Sohn

By

From Chinese brokerage firms to high yield bonds, hedge fund managers picked China as their favorite at Sohn Conference. read more

01Apr

Societe Generale; Income Stocks And Poor Quality Earnings Screens

By

Société Générale publishes a monthly update on the performance of several value orientated fundamental trading strategies across both developed and emerging markets. For deep value investors, one of the... read more

Hedge funds
09Apr

Bill Nygren's Oakmark Fund Down 1% In 1Q15

By

Bill Nygren's Oakmark Fund: First Quarter 2015 by Oakmark Funds The Oakmark Fund declined 1% in the first quarter of 2015, and it lagged behind the 1% gain for the... read more

bitcoin crash
12Dec

Bitcoin Crash: Unlikely To Destroy The World Economy – Analysts

By

As the value of Bitcoin has surged over the past 12 months, one question has overshadowed the rise in the value of the crypto currency: is this a bubble? While... read more

Aviva Investors
17Nov

Britain’s Financial Watchdog Bans Ex-Aviva Analyst

By

The Financial Conduct Authority has fined Mothahir Miah, a former investment analyst at Aviva Investors, for misallocating trades to funds that delivered higher performance fees in an effort to... read more

Puerto Rican Debt Puerto Rico debt collapse
01Jun

As Puerto Rico's Relief Bill Runs Through Congress, Virgin Islands Debt Even More Challenging

By

As Puerto Rico's elections are heating up, with a populist approach to handing out responsibility for forcing bond holders to accept some losses being potentially put in jeopardy, businesses... read more

Avenue Capital Marc Lasry And Drew Hawkins
04Dec

Marc Lasry: Basel III Creates Opportunities in Europe [VIDEO]

By

Avenue Capital Chairman CEO Marc Lasry talks about buying opportunities in Europe and his investment strategy. Marc Lasry says that there are many big opportunities in Europe, and his... read more

economic expansion
08Apr

Charlie Munger; Be Consistently Not Stupid

By

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives Q4 hedge fund letters, conference, scoops etc RyanMcGuire / Pixabay “It is remarkable how much... read more

Robert Kleinschmidt
05Jul

Tocqueville's Robert Kleinschmidt – Investing Where You Don't Want To Be

By

In an exclusive interview, Tocqueville Fund’s contrarian investor, Robert Kleinschmidt explains why he is finding the best values where you don’t want to be.The Death Of Value Investing? Get The... read more

X
Saved Articles
X
TextTExtLInkTextTExtLInk

The top investors are reading ValuewalkPremium.

Click here to learn why

0