ENI SpA (E) reported a plunge in second-quarter net profit attributable to Eni's shareholders from continuing operations to 156 million euros or 0.04 euros per share, from last year's 1.20 billion euros or 0.33 euros per share. Net profit for the period dipped to 227 million euros, from 1.25 billion euros in 2011.
However, adjusted net profit attributable to Eni's shareholders totaled 1.46 billion euros for the quarter, up 1.5% from 1.44 billion euros last year. On a per share basis, quarterly adjusted net profit attributable to Eni's shareholders on continuing operations remained flat at 0.38 euros.
Net sales from operations - continuing operations totaled 30.06 billion euros, compared with 24.12 billion euros in 2011.
The interim dividend proposal to the board on September 20, 2012, would total 0.54 euros per share, payable on September 27, 2012, with September 24, 2012 being the ex dividend date.
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