Eni S.p.A. revealed on Friday that its net profit attributable to shareholders in the second quarter of fiscal 2025 amounted to €543 million, tumbling 18% compared to the same timeframe a year ago. Reported operating profit came in at €1.2 billion, down from €1.6 billion registered in the second trimester of 2024, and sales from operations stood at €18.8 billion, tubmling 14%.

In the first six months, year over year, net profit attributable to shareholders declined 10%, landing at €1.7 billion, while reported operating profit was at €3.5 billion, falling around 16%.

"Eni's consistent strategic focus has produced excellent results in Q2 '25. The economic environment remains challenging, but Eni's business model is strong and flexible. Strict financial discipline, a stronger portfolio, and low breakeven projects support this resilience and ensure a self-funded growth strategy," CEO Claudio Descalzi stated.