On Wednesday, November 7th, at 11:30 AM CET the Top Management presents to financial community the results for the first nine months of 2018.
- - Total revenue: €1,873 million
- - Adjusted EBIT: €1,090 million
- - Adjusted Net profit: €793 million
- - Technical investments: €564 million
- - Free cash flow: €832 million
Our strategic repositioning revolves around one key message – “Energy inspiring the world”. It takes place after our 75th anniversary and at the time of an increasingly global market characterized by changes and innovations that are transforming energy and environmental scenarios.More
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SNAM: REASONS FOR INVESTMENTS
Snam has been committed to transforming Italy into a gas hub for Europe, in order to increase the security of supplies, the diversity of sources and the liquidity of the gas system. The company's international development is also focused on this, aiming to extract further value from the Italian assets through their interconnection with infrastructures abroad.READ ALL
The first distributor for the supply of C-LNG (compressed and liquefied natural gas) in Pesaro has been opened in the presence of the mayor Matteo Ricci.
Snam has been listed as one of the leading Italian companies in the field of corporate digital communication.
Snam, following the announcement on 2 October concerning the resumption of the share buy-back authorized by the Shareholder meeting of 24 April, announces that, in the period from 5 to 8 November, has purchased n. 1,309,391 of its own shares at an average price per share equal to 3.6983 euro, for an aggregate amount of 4,842,483.21 euro.
The Snam Board of Directors, which met yesterday under the chairmanship of Carlo Malacarne, has approved the consolidated results for the first nine months of 2018 (unaudited).
Ph. +39 02.3703.9385
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Piazza Santa Barbara, 7
20097 San Donato Milanese (MI) Italy
07 November 2018 - 09:51 CET