It is reporting time again and this is high season for all sorts of financial terms, such as the Clean CCS EBIT. But what is this ominous “Clean CCS EBIT”? And why do they all talk about it? Clearly, it is a key financial figure. And it is an important one for our business. The OMV Report January – June and Q2 2016 is full of it. Ok, it is related to earnings – so far, so good. And it is before interest and taxes, as the abbreviation might tell us. But why is it “cleaner” than the ordinary EBIT? […]
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