Business

Eni Faces 11% Drop in Q1 Net Profit Amid Economic Uncertainty, Yet Shows Resilience

Eni Reports Q1 Financial Performance

Eni S.p.A. disclosed its first-quarter financial results for 2025, revealing an 11% decrease in adjusted net profit, totaling €1.41 billion, compared to the previous year.

Revenue and Earnings Overview

Despite the profit dip, the company experienced a 9% year-on-year increase in sales from operations, reaching €5.59 billion. However, total revenues saw a slight decline of 0.9% to €22.96 billion, and operating profit fell by 16% to €1.95 billion. The diluted earnings per share (EPS) also decreased by 2.7% to €0.36.

CEO's Statement on Performance

"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," stated CEO Claudio Descalzi.