Eni posts 1.3-bn-euro first quarter profit

'Solid results in difficult market environment,' says CEO

(ANSA) - Milan, February 13 - Italian oil-and-gas giant Eni posted net profits of 1.3 billion euros in the first quarter of 2014, down 15.6% over the same period the previous year, according to unaudited group results published Tuesday.
    The State controlled company produced 1,583 million barrels of oil a day in the first quarter, up 0.6% over the January-March 2013 period. "Eni delivered solid results in the first quarter 2014, despite a difficult market environment," said Chief Executive Officer Paolo Scaroni.
    Company stocks rose 1.26% to 18,55 euros on the Milan bourse in early trading on Tuesday in response to the figures.


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