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2019 nine months results

2019 nine months results

On Thursday, November 14th, at 12:00 PM CET Alessandra Pasini, Snam CFO, presents to financial community the 2019 nine months results.

  • - Net profit: €867 million
  • - Ebit: €1,125 million
  • - Technical investments: €650 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

Snam CEO Marco Alverà received the Italian CEO Award 2019 by Forbes Italia

Marco Alverà, Snam CEO, has been awarded the “Italian CEO Award 2019” for the Energy sector by Forbes Italia and Business International.

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Snam admitted to the cooperative compliance tax regime

Snam has been admitted to the cooperative compliance regime established under the national tax legislation.

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PRESS RELEASES

Snam issues a private placement with maturity May 2024 for € 200 million

Snam issued today a private placement with a primary institutional investor for an amount of €200 million as a reopening (bond tap) of the existing fixed rate issuance with maturity May 2024.

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Snam: positive outcome of the Tender Offer on its notes, purchased for a total nominal amount of about € 597 million

Snam launched, on 25 November 2019, a Tender Offer addressed to holders of some notes already issued by Snam under the Euro Medium Term Note Programme, which was positively completed on 29 November 2019 with the purchase of notes for a total nominal amount of €597,421,000.

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    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
    21 November 2019 - 10:45 CET