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Eni net profit jumps 21% amid production growth

Article Abstract:

Eni S.p.A. of Italy posted a soaring 21 percent increase in second quarter net profit to 2.3 billion Euros ($2.93 billion) from 1.9 billion Euros last year. Market share has increased by 25 percent to 20.74 billion Euros from 16.66 billion Euros. Revenues are due to strong performance in petroleum production and exploration.

Author: Baccinelli, Michele

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006

Italy

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Eni's net profit edges higher

Article Abstract:

Eni S.p.A. of Italy third quarter net profit increased by 3.5 percent to 2.42 billion Euros ($3.11 billion) from 2.34 billion Euros last year. Net sales grew by 12 percent to 20.37 billion Euros. Eni S.p.A. is the largest petroleum and natural gas company of Italy.

Author: Moloney, Liam

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006

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Subjects list: Italy, Petroleum industry, Company sales and earnings, Eni S.p.A., Company earnings/profit, Company overview

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