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

Q4 2020 Snam SpA Earnings Call Transcript

Mar 18, 2021 / 02:30PM GMT

Release Date Price: $10.77 (+0.94%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Snam Full Year 2020 Financial Results Conference Call. (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 AlverÃ

Snam S.p.A. - CEO & Director

Thank you. Ladies and gentlemen, good afternoon, and welcome to Snam's Full Year 2020 Results Presentation.

2020 has been a very difficult year all over the world. Lombardy was the first region to be hit outside of China, and the first lockdowns were only a few miles from here. We were able to ensure the safety of our people, adopting special protocols for essential staff working in the dispatching centers. We guaranteed uninterrupted gas flows and full commercial and technical availability of our grid and storage. And we played a significant role in supporting local communities where and how we could. During this very complex time, we've managed to exceed our original guidance and to continue to press ahead

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