ENI SpA : Earnings growth and cash flow open the way to shareholder returns
>EBIT 4% above the consensus and attributable net profit 23% above forecasts - Adjusted EBIT was € 2.994bn in Q4 2018, respectively, 14% and 4% above our forecasts and those of the consensus (Oddo BHF: € 2.614bn, consensus: € 2.880bn). Attributable net profit was € 1.462bn, +5.3% q-o-q and +50% y-o-y and, respectively, 33% and 23% above our forecasts and those of the consensus with a good performance delivered by all divisions and a tax rate reduced to 50% vs 55% in ...Eni is engaged in the oil and gas exploration and production, gas marketing operations, management of gas infrastructures, power generation, petrochemicals, oil field services and engineering industries. Co.'s operations are divided into three segments; Exploration and Production (oil and natural gas exploration and field development and production, as well as LNG operations), Gas and Power (supply, trading and marketing of gas and electricity, managing gas infrastructures for transport, distribution, storage, re-gasification, and LNG supply and marketing), and Refining and Marketing (supply of crude oil, refining and marketing of refined products). Co. maintains operations in 73 countries.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.