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Eni profits up 9% in 2011

'Great success' says Scaroni

15 February, 12:31
Eni profits up 9% in 2011 (ANSA) - Rome, February 15 - Italian fuels giant Eni closed 2011 with net profit up 9% to 6.89 billion euros, the group said Wednesday.

Eni posted a net profit of 1.32 billion euros in the last quarter of 2011, up 141%.

"2011 was a year of great success in exploration but with a difficult situation in Italy and Europe," said CEO Paolo Scaroni.

Eni shares moved little in early trading.

photo: Scaroni
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