2018 Consolidated Financial Statements and Draft Financial Statements of the Parent Company

Source Press Release
Company ENI S.p.A. 
Tags Strategy - Corporate
Date March 14, 2019

Today, the Board of Directors approved Eni’s consolidated financial statements and the separate draft financial statements of the parent company for the year ending December 31, 2018. They confirm the 2018 preliminary adjusted results announced on February 15, 2019. Consolidated net profit amounted to €4,126 million and net profit of the parent company amounted to €3,173 million. Reported net profit has been revised to €4,126 million (the preliminary net profit was €4,226 million) mainly to factor in the subsequent release of results of certain equity accounted entities.

The Board of Directors intends to submit a proposal for the distribution of a cash dividend of €0.83 per share at the Annual Shareholders’ Meeting. Included in this annual distribution is the €0.42 per share, which was paid as an interim dividend in September 2018. The balance of €0.411 per share is payable to shareholders on May 22, 2019 with the ex-dividend date being May 20, 2019.

An Annual Report on Form 20-F will be filed with the U.S. SEC and Italian market authorities by the first ten days of April 2019. This report will be disseminated via the Company’s headquarters, and on Eni's website (eni.com) and through other sources provided by the current regulation. Enclosed are the 2018 IFRS consolidated statements and those of the parent company Eni SpA.

The Board of Directors also approved the “Consolidated report on non-financial information” included in the management discussion of the 2018 Annual Report. This report, prepared in conformity with the Italian Legislative Decree N. 254/2016, discloses the group’s activities, the performances achieved and the outcomes in environmental, reduction of carbon footprint, social, employees matters, respect for human rights, as well as anti-corruption and bribery matters.

The Board of Directors also approved the Report on Corporate Governance and Shareholding Structure and the Remuneration Report prepared in conformity with article No. 123-bis and 123-ter of the Italian comprehensive code for exchanges and securities, respectively. These reports will be made available at the Company's headquarters and published on Eni’s website, in the “Publications” section and in accordance with current regulation, together with the 2018 Annual Report on Form 20-F.

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