Snam SpA (OTCPK:SNMRY)

$ 9.29 0.115 (1.25%) Market Cap: 15.58 Bil Enterprise Value: 32.76 Bil PE Ratio: 13.50 PB Ratio: 1.93 GF Score: 75/100

Q1 2020 Snam SpA Earnings Call Transcript

May 07, 2020 / 01:00PM GMT

Release Date Price: $8.69 (+3.08%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Snam First Quarter 2020 Financial Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Marco AlverÃ , CEO of Snam. Please go ahead, sir.

Marco AlverÃ

Snam S.p.A. - CEO & Director

Thank you. Good afternoon, ladies and gentlemen, and welcome to our first quarter results presentation. First of all, I hope you're all well and safe in these difficult times. I'm on this call with Alessandra Pasini and Camilla Palladino and Francesca Pezzoli, who recently joined us as a new Head of Investor Relations. Some of you have already met with Francesca.

As you know, Italy lifted some restrictions on Monday, and we're right now in the process of reopening as many of our construction sites as we can. Our operations never really stopped. And thanks to the commitment of our people, we delivered uninterrupted and secure gas flows to our communities throughout the crisis.

We did, however,

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