(ANSA) - ROME, FEBRUARY 18 - Adjusted net profit of 4.7 billion euros in 2021 for Eni, the highest since 2012, and an Ebitadjusted of 9.7 billion (with an increase of 7.8 billion on 2020, +400 %).
This was announced by the energy company by disseminating the figures for 2021. "Excellent results", comments the CEO of Eni Claudio Descalzi, explaining that they have "accelerated our transformation strategy that leverages the integration of technologies, new business models and close collaboration with our stakeholders. The rigorous financial discipline and the reduction in costs implemented following the pandemic crisis have allowed us to make the most of the strong economic recovery of 2021 ".
In the fourth quarter of 2021, Eni recorded Group Ebitadjusted of 3.8 billion, up 53% compared to the third quarter of 2021. Adjusted net profit was 2.1 billion in the fourth quarter of 2021, an increase of 47% compared to the third quarter 2021 due to the ability to capture the scenario and the growth of production.
The comparison with the corresponding reporting period 2020 characterized by the Covid-19 crisis, explains Eni in the note on the accounts, shows recoveries of large proportions: + 2.1 billion and +5.5 billion respectively compared to the fourth quarter and the 2020 financial year.
In financial year 2021, organic free cash flow was 7.6 billion, capable of covering the payment of dividends and the buy-back (in total 2.8 billion), the portfolio maneuver supporting the transition businesses (2.1 billion) and allows to reduce the net debt to 9 billion and the leverage ratio to 0.20 against 0.31 at the end of 2020. (ANSA).
