Snam SpA (OTCPK:SNMRY)

$ 9.15 -0.06 (-0.65%) Market Cap: 15.44 Bil Enterprise Value: 32.77 Bil PE Ratio: 13.94 PB Ratio: 1.93 GF Score: 75/100

Snam SpA Strategy Plan Call (2020-2024) Transcript

Nov 25, 2020 / 01:00PM GMT

Release Date Price: $11.55 (+0.70%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Snam 2020-2024 Strategic Plan Presentation. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Marco Alvera, CEO of Snam. Please go ahead, sir.

Marco Alvera

Snam S.p.A. - CEO & Director

Thank you. Ladies and gentlemen, good afternoon, and welcome to Snam's 2020-2024 Strategy Presentation. I hope that you, your families and your colleagues are well. And I look forward to seeing you again in person soon.

The plan we present today is about Snam's exciting journey towards a net zero carbon future. This journey has 3 significant implications. First, getting to net zero ourselves. We intend to be the first in our sector to do so by 2040.

Secondly, our assets play an essential role to get to net zero, which means that it extends the long-term RAB growth potential. Third, the energy transition businesses that we have built now face exciting growth prospects. All this makes Snam a market leader in the race to net

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