Italgas SpA (OTCPK:ITGGF)

$ 5.735 -0.1975 (-3.33%) Market Cap: 4.69 Bil Enterprise Value: 11.97 Bil PE Ratio: 9.31 PB Ratio: 1.95 GF Score: 64/100

Full Year 2018 Italgas SpA Earnings Call Transcript

Feb 22, 2019 / 08:00AM GMT

Transcript

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Italgas 2018 full year results conference call. (Operator Instructions) I must advise you that this conference is being recorded today, 22nd of February 2019.

I would like now to hand over the conference to our speaker today, Mr. Paolo Gallo, CEO. Please go ahead, sir.

Paolo Gallo

Italgas S.p.A. - CEO, GM & Director

Good afternoon to everybody, and thank you for spending the time with us. As was said that just before we are going to make the presentation, then we are going to open the floor for any questions you may have.

I will start from Page 2 of the presentation that is a recap of the Italgas position in Italy. Since the demerging from Snam, we have invested more than EUR 1 billion in 2 years, and we carried out multiple acquisitions. We launched, more recently, an AV program in innovation and digitalization that will transform our company, putting our company at the front end of the utilities' sector in Europe. As you can see from the chart,

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