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Eni’s quarterly profit falls 46% but disposals help cut key debt ratio

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Italian energy group Eni ENI reported a 46% slide in fourth-quarter adjusted net profit on Thursday, hit by lower energy prices and weakness at its refining, biofuel and chemicals divisions. Adjusted net profit for October and December totalled 892 million euros ($934 million), below an analyst consensus of 960 million euros compiled by the company ...

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