Eni approved 2025 consolidated financial statements with €2,608 million net profit attributable to shareholders and parent company draft statements with €4,429 million profit, convened annual shareholders' meeting on May 6, 2026, initiated Plenitude deconsolidation via €1.5 billion capital increase at €10.75 billion pre-money valuation, and proposed new share buyback program.
Key takeaways
2025 consolidated net profit attributable to Eni shareholders: €2,608 million (vs. €2,624 million in 2024)
2025 parent company net profit: €4,429 million (vs. €6,419 million in 2024)
Annual Shareholders’ Meeting convened on May 6, 2026 to approve financial statements and appoint corporate bodies
Plenitude reorganization: €1.5 billion capital increase (at least €1 billion from Ares), pre-money equity valuation €10.75 billion, Eni stake ~65%, joint control leading to deconsolidation
Board proposes new buyback program and cancellation of acquired treasury shares to Shareholders' Meeting
Presented 2026-2030 Capital Markets Update highlighting E&P portfolio, transition businesses, and Plenitude deconsolidation