Italy: ENI Records Profit in Q4
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Friday, 12 February 2010 |
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Italian oil company Eni SpA said it made a profit of €641 million in
the fourth quarter after oil prices recovered from a year earlier.
Eni, Italy's largest natural gas and oil company, said the profit
compared with a loss of €874 million a year earlier. Paolo Scaroni,CEO,
ENI Spa said in a statement that Eni had delivered better results than
expected in a difficult year. The Rome-based company is proposing a
cash dividend of €1 a share.
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