Login    

Company targets and achievements

Snam always aims to guarantee the achievement of its financial targets. The Company is pursuing a sustainable growth model, aimed at value creation and growing asset returns, supported by economic results.

In the 2020-2024 period, the positioning along the entire value chain of the energy transition, the continuous improvement of the results of the core business and new activities, the greater internationalization and the strong supervision of the optimization of the financial structure will allow Snam to obtain sustainable growth in the main indicators.

  •  
  • Guidance 2021
  • 2020-2024 Plan
  • INVESTMENTS
  • € ~1.4 bn
  • € 7.4 bn 2020-2024
  • TARIFF RAB
  • € ~21 bn
  • >2.5% CAGR 2020-2024
  • Net income
  • € 1,170 m (including De Nora)
  • 2.5% CAGR 2019-2024
  • Net debt
  • € ~14 bn (including De Nora)
  • Debt/RAB well below 60%

 

INVESTMENTS (€ Mln)

 >

* Investments post separation of gas distribution activity (Italgas)

DIVIDEND PER SHARE (€ cent)

Snam confirms its commitment to guarantee to shareholders an attractive and sustainable remuneration and the payment of an interim dividend. The growth of the dividend per share of 5% until 2022 is confirmed, with a further minimum growth of 2.5% in the period 2023-2024. Positive results as well as solid business fundamentals allow the company to propose a dividend of 0.2495 euros per share, to the Shareholders’ Meeting called for 28 April 2021, of which 0.0998 euros per share was paid in January 2021 as an interim dividend (326 million euros) and the balance of 0.1497 euros per share will be paid from 23 June 2021 with an ex-dividend date of 21 June 2021 (record date 22 June 2021).

 >
Page Alert
updated
07 April 2021 - 16:02 CEST