Full Year 2023 Eni SpA Earnings Call Transcript

Feb 16, 2024 / 01:00PM GMT
Operator

Good afternoon, ladies and gentlemen, and welcome to the Eni's 2023 Fourth Quarter and Full Year Results Conference Call, hosted by Mr. Claudio Descalzi, Chief Executive Officer.

(Operator Instructions) I am now handing you over to your host to begin today's conference. Thank you.

Claudio Descalzi - Eni S.p.A. - CEO, GM & Director

Thank you. Good afternoon, and welcome to our 2023 full year and Q4 results presentation. 2023 was an excellent year for Eni. Our continuous focus has been on mitigating the impact of a market characterized by price and margin volatility as well as a critical geopolitical context. .

We maintained a direction aligned with our strategy and successfully achieved or beat our targets for the year while also improving the efficiency of our assets. This resulted in the second-best financial performance by Eni in its current structure.

Our aim was to capture strong results but also to foster our growth ambitions, meaning we also advanced our Transition strategy very significantly. It has been a very active year

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