Eni 1Q Profit, Sales Rose
24 April 2019 - 11:03PM
Dow Jones News
By Max Bernhard
Eni SpA (ENI.MI) said Wednesday that its first-quarter net
profit and revenue rose and confirmed its 2019 outlook for
hydrocarbon production.
Net profit was 1.09 billion euros ($1.22 billion) compared with
EUR946 million in the year-earlier period. Adjusted operating
profit was EUR2.35 billion, compared with EUR2.38 billion last year
and analyst expectations of EUR2.53 billion.
Revenue rose to EUR18.80 billion from EUR18.07 billion.
Looking to the year ahead, the company confirmed its outlook for
hydrocarbon production, which it expects to grow 2.5%.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
April 24, 2019 08:48 ET (12:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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