Eni S.p.A. announced on Thursday that its adjusted net profit in the first quarter of the fiscal year 2025 observed an annual decline of 11% to land at €1.41 billion.
The company's sales from operations rose by 9% year-on-year to €5.59 billion. Its total revenues decreased by 0.9% to €22.96 billion, and operating profit by 16% to €1.95 billion. Eni's diluted earnings per share (EPS) dropped by 2.7% to €0.36.
"Our solid results in Q1 reflect our continued focus on our strategy, despite the uncertain macro-economic backdrop. We remain financially disciplined and resolute on leveraging our competitive advantages built on exploration, proprietary technologies, and innovative business models, to deliver transformation and generate value for our shareholders," Chief Executive Officer (CEO) Claudio Descalzi remarked.
