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Boosted by Gas Business Italy's Eni's Beats Expectations

Oct 28, 2022

Italian energy group Eni said profits in the third quarter beat expectations thanks to a strong performance from its Global Gas and LNG portfolio division (GGP). Adjusted net profit in the period came in at 3.73 billion euros ($3.72 billion), soaring from 1.43 billion euros a year ago, and beating a 3.21 billion euro consensus.The state-controlled group raised its full-year expectations for the gas & LNG division and for the downstream business…

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