The company posted an adjusted net profit of 1.52 billion euros ($2 billion) for the three-month period ended 31 December, down 14.6% on the third quarter and 3.6% for the same period in 2011.
Eni said on Friday this figure was dragged down by lower profit earned by equity-accounted entities and joint ventures, as well as an increased tax rate due to a higher taxable profit reported by the exploration and production division.
The
