Keystone-SDA
The Italian giant of Eni hydrocarbons saw its net profit in the 2nd quarter falls 18% over one year, to 543 million euros (barely less in francs), due to the drop in oil prices and the course of the dollar, said the company on Friday in a press release.
(Keystone-ATS) In the first half, its net profit is 1.71 billion, down 8% by one year.
The turnover also fell in the second quarter by 14%, to 18.76 billion, over a year, while on the semester it dropped by 7%, to 41.33 billion.
Eni also confirms its objective of hydrocarbon production of 1.7 million barrels per day for the current year, despite a decrease of 3% in the second quarter and 4% on the semester.
“Despite a difficult market scenario”, the group achieved “excellent results in the second quarter of 2025”, welcomed the director general of Eni Claudio Descalzi, quoted in the press release.
He announced a 5% increase in dividends, to 1.05 euros per share, to be distributed this year.
The adjusted net profit, which excludes the exceptional elements, dropped in the second quarter by 25% to 1.13 billion euros, and from 18%, to 2.54 billion, on the semester.
The Italian group also maintained the course of its energy transition objectives and saw its installed renewable energy capacity increase by 45% to 4.5 gigawatts in the first half in one year.
The course of action remained stable on the Milan Stock Exchange in the middle of the morning after the publication of the results, in a stable market too.
