The rise, above the €276 million recorded in the first quarter of 2011 and the €330 million recorded in fourth quarter of 2011, came as OMV’s clean CCS earnings before interest and tax rose 9% to €800 million.

In an announcement, chief executive Gerhard Roiss said stronger oil prices and a cold winter in central Europe had supported results during the quarter, while margins for refining and marketing were likely to remain under pressure.

As