Eni books higher profit, eyes production growth in 2019

Italian oil company Eni saw an increase in its first quarter 2019 net profit when compared to the last year’s performance. In 2019, Eni expects its production to grow fueled by ramp-up at new fields. 

Eni’s adjusted operating profit in 1Q 2019 was €2.35 billion, slightly down from the profit of €2.38 billion in the corresponding period of 2018.

Eni’s net profit for the first quarter 2019 was €1.09 billion compared to €946 million in the same period in 2018, up by 15%.

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