ENI S.p.A. · MIL:ENI
ENI — Q1 2015 Earnings Presentation
7 slides from ENI's earnings presentation, Apr 29, 2015
Slide 1: Q1 2015 results
Q1 2015 results April 29th 2015 www.eni.com
Slide 2: Highlights
highlights production +7.2%; +3.7% net of PSA and portfolio mid-downstream ebit adj > €0.4 bln CFFO €2.3 bln capex in line with guidance l leverage fl flatt att 22% strong performance in a weak scenario 2
Slide 3: Consolidated results
consolidated results adj. operating profit | mln € adj. net profit | mln € 3,491 1,191 648 1,567 e&c and r&m other e&p g&p and chemicals Q1 14 Q1 15 Q1 14 Q1 15 ebit positive in all segments 3
Slide 4: E&P performance
e&p performance oil & gas production | kboe/d adj. operating profit | million € 1,648 1,697 1,583 1,584 1,576 3,450 3,088 2,981 2 032 2,032 955 5 main start ups delivered 4
Slide 5: G&P performance
g&p performance TTF | €/MWh adj. operating profit | million € 294 242 92 14 -180 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 underlying business adj ebit positive 5
Slide 6: R&M and chemicals performance
r&m and chemicals performance Standard Eni Refining Margin | $/bbl adj. operating profit | million € 145 121 chemicals 29 r&m 92 -313 313 -256 256 12 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 refining ebit adj positive 6
Slide 7: Net debt evolution
net debt evolution billion € +0,7 07 15 1 15.1 +0,5 13.7 -2,3 +3,0 others FX others -0,5 difference operating capex cash flow divestments December March 2014 2015 leverage flat Leverage = Net debt / Shareholders’ Equity 7