Eni announces results for the first quarter 2008

24.04.08 - 13:16 ... source : Eni

... TAGS: eni gas quarter sales production billion oil profit natural • Adjusted net profit up 13.8% to €3.05 billion. • Net profit up 28.3% to €3.32 billion. • Cash flow: €4.76 billion. • Oil and natural gas production up 3.6% to 1.796 million barrels per day. • Natural gas sales up 9.3% to 30.91 billion cubic meters. San Donato Milanese, April 24, 2008 - Eni, the international oil and gas company, today announces its group results for the first quarter 20081 (unaudited). Paolo Scaroni, Chief Executive Officer, commented: "Eni has delivered an excellent set of results, driven by a strong underlying performance and higher oil prices. The results were achieved despite the impact of adverse currency movements and an unfavorable trading environment in our downstream activities. We are delivering on our strategic objectives, generating value from our 2007 acquisitions and remain focused on continued improvement in all o ...» Next (HTML)