OMV expects windfall taxes and Middle East shipping hit Q3 net income
OMV said expected windfall taxes in Austria and Romania, plus reduced shipments from the Middle East, will dent its reported net income in Q3 by between €150 million and €200 million.
OMV said on Friday it expects windfall taxes in Austria and Romania to cut its reported net income by between €150 million and €200 million ($169 million and $225 million) in the third quarter. The Austrian oil and gas group also said a lack of shipments from the Middle East affected results.