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2018 Full-Year Results

2018 Full-Year Results

On Tuesday, February 19th, at 3:00 PM CET the Top Management presents to financial community the 2018 full year results.

  • - Net profit adj.: €1,010 million
  • - EBIT adj.: €1,405 million
  • - Technical investments: €882 million

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shareholders meeting

SHAREHOLDERS' MEETING

Shareholder participation is a central strategic element of corporate governance.

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energy to inspire the world

ENERGY TO INSPIRE THE WORLD

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.

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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.

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NEWS AND EVENTS

Gas infrastructure needed to scale up renewable gas to 270 bcm by 2050, enabling a decarbonised and renewables-based energy system at lowest costs

Today a study performed by Navigant for the Gas for Climate consortium was published. This study serves as a follow-up to our study published last year, including a greatly expanded scope and analysis.

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Snam aims to reduce methane emissions by 25% by 2025. CO2 emissions avoided by 150,000 tons in 2018

The 2018 Sustainability and Climate Change reports higlighted: increased safety at work (-36% accidents), more training (+26% hours provided to employees) and further environmental restoration efforts (+11%). The new policy to integrate social enterprises into the supply chain was launched.

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PRESS RELEASES

Snam: slates filed for renewal of the Board of Directors and Board of Statutory Auditors

Snam hereby announces that as of 8 March 2019, the deadline as laid down in current regulations, the following slates of candidates for the office of Director and for the office of Statutory Auditor of the Company have been filed at the company's registered offices in view of the renewal of the Board of Directors and the Board of Statutory Auditors on the agenda of the Ordinary Shareholders' Meeting convened for 2 April 2019 on single call.

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Snam and Terna: collaboration begins for research and innovation activities and electricity-gas convergenses

Snam and Terna have signed a memorandum of understanding to define and implement common initiatives, in particular on research, development and innovation and on the possible convergenses between electricity system and gas system.

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    15 May 2019

    Interim Financial Report at 31 March 2019 - BoD

    SNAM ON TWITTER
    CONTACT

    Ph. +39 02.3703.9385
    Mob. 39 02 3703 7803
    Piazza Santa Barbara, 7
    20097 San Donato Milanese (MI) Italy

    Email: investor.relations@snam.it

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    updated
    07 November 2018 - 09:51 CET