Eni closes the first half of the year with a net profit greater than 2.5 billion of euros, which results above the expectations of analysts, after having closed a good second quarter, in spite of the negative impact of the trend of the price of oil and changes. And announces one Round revision of the outlook for the current exercise.
“The constant attention with which Eni continues to implement its strategy has determined the excellent results of the second quarter 2025. Despite a challenging market scenario, the Eni business model confirms robustness and flexibility. The rigorous financial discipline, an increasingly solid portfolio and the content of drawing price of the projects support the model by ensuring a self -financed growth strategy”, he comments. Claudio DescalziCEO of Eni, adding “At the same time, we continue to generate value for shareholders, with the strongest property structure ever recorded. In the quarter we continued to generate growth and value in all our business”.
The second quarter of the year
In the second quarter 2025 the group achieved a Operating profit of 2.68 billion Adjusted Proformad Euro, which records a 35% drop compared to the comparison quarter, due to the effect of the flexion of 20% of the price of the Brent and the appreciation of the EUR/USD exchange rate (+5% compared to the second quarter 2024) which influenced the E & P sector.
Adjusted taxes are the profit at 2.2 billion, reflecting the trend of the Adjusted operating profit and the lower contribution of the JVs and associates assessed to L’Aquity. Net profit adjusted of competence of the ENI shareholders a 1.13 billion He recorded a 25%drop.
The numbers of the first half
The group closed the first half of the year with a Operating profit of 6.36 billion Adjusted Proformad euro, down 23%, against one production of hydrocarbons of 1.66 million barrels per day (-4%), mainly due to the 2024 portfolio operations in Nigeria, Alaska and Congo.
In the first half, Eni achieved a useful ADJUSTED taxes of 4.95 billion euros, down 24% compared to the first half of 2024. Net profit adjusted of competence of the shareholders Eni has certified himself to 2.55 billion euros, resulting in fall of 18% compared to the previous year, but overcoming the consensus estimates.
The Net Cassa flow from operational activity of the first half of 2025 is equal to 5.9 billion and includes 879 million dividends distributed by the investee companies, mainly by azule energy and varies.
Net financial debt Liability Lease at 30 June 2025 is equal to 10.2 billion, in a reduction of about 2 billion respect
at 31 December 2024.
Outlook 2025 revised upright
Despite the negative effect of the fulfillment of both the prices of the raw materials and the dollar, the group The cash ex provisions for the cash generation for 2025 meets up and confirms the commitments of the remuneration of the shareholders.
In this context, the Adjusted operating cash flow (CCFO) group is expected about 11.5 billion to the updated scenariorepresenting an increase of 0.5 billion compared to the initial forecast. Cash initiatives and other organic measures are expected to generate up to 3 billion liquidity, increasing compared to the initial forecast of 2 billion, in order to mitigate the effects of the scenario.
The projection per year of theEbit proforma adjusted of the GGP division (Gas) is increasing a about 1 billion (from the previous 0.8 billion) thanks to the best results compared to the initial estimates of the renegotiations and commercial agreements and the optimizations of wallet.
