OMV Q2 2016 Earnings Conference Call

OMV presented Q2 2016 financial results during an earnings conference call led by Chairman and CEO Rainer Seele on August 10, 2016. Key highlights included positive free cash flow after dividends, reduced CAPEX guidance to EUR 2.2 billion, ahead-of-schedule cost reduction, and portfolio rebalancing including a 30% stake sale in the Rosebank field.