*** Eni: Descalzi, growth is not compromised by scenario, solid expectations in 2016 – BBC

08:10 (Il Sole 24 Ore Thomson Plus) – Rome, 26 Feb. – ‘Eni in 2015 he obtained fundamental results in the transformation process that will see’ the most powerful ‘group focused on core oil & amp; gas and better organized to compete in a low energy prices reflected market scenario Eni that aligns to a consensus of conservative market. The deconsolidation process complex of Saipem and ‘now ended, just four months since its launch, and brought into the coffers of Eni’s net income to 4.8 billion, while plans to increase efficiency and rationalization of costs showed results better than expected, so as to enable the self-financing of capex in 2015 in a scenario of about $ 50 a barrel, $ 13 less than expected a year ago. These efficiency measures have not compromised, ‘in short,’ in the medium term, the growth of Eni, which indeed ‘was outstanding and distinctive in the marketplace. “The chief executive of Eni, Claudio Descalzi commented the findings of the preliminary 2015 adding: “in 2016, like last year, we are continuing rapidly in the transformation process of Eni, with the aim to make even more ‘strong group and be able to work more and better in this difficult context maintaining solid growth expectations . Based on these results I propose ‘to the board of directors of March 17 to distribute a final dividend of 0.40 euro per share’. com-ale (RADIOCOR) 02/16/26 08:10:21 (0087) ENE 3