Italian energy giant Eni said
Wednesday that it made a higher-than-expected net profit of 1.58
billion euros in the first quarter of this year.
That was down by 46% with respect to the same period in 2023,
although this was a foregone conclusion as those profits were
boosted by the high gas prices of the time.
"The quarterly performance was excellent," said Eni CEO Claudio
Descalzi.
He also announced that the group, based on these results, would
raise its planned 2024 share buyback by 45% to 1.6 billion
euros.
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