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Eni Q2 Adjusted Net Profit At EUR 1.52 Billion



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July 26 (Reuters) -Eni SpA ENI.MI:

  • Q2 ADJUSTED NET PROFIT EUR 1.52 BILLION VERSUS EUR 1.42 BILLION IN COMPANY-PROVIDED CONSENSUS

  • Q2 PRODUCTION 1.71 MBOE/D VERSUS VERSUS 1.69 MBOE/D IN COMPANY-PROVIDED CONSENSUS

  • Q2 ADJUSTED OPERATING PROFIT EUR 4.1 BILLION VERSUS EUR 2.68 BILLION IN COMPANY-PROVIDED CONSENSUS

  • Q2 NET CASH FROM OPERATIONS EUR 4.6 BILLION

  • ANNOUNCES DIVIDEND OF EUR 1PER SHARE

  • E&P: FULL-YEAR HYDROCARBON PRODUCTION IS EXPECTED TOWARDS TOP OF ANTICIPATED RANGE OF 1.69 - 1.71 MILLION BOE/D AT FORECAST BRENT PRICE OF 86 $/BBL

  • GROUP PROFORMA ADJUSTED EBIT GUIDANCE IS RAISED TO AROUND €15 BILLION; ADJUSTED CFFO BEFORE WORKING CAPITAL IS EXPECTED TO BE OVER €14 BILLION FOR FY

Further company coverage: ENI.MI


(Gdansk Newsroom)

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