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

Half Year 2023 Snam SpA Earnings Call Transcript

Jul 27, 2023 / 01:00PM GMT
Release Date Price: $10.53 (-1.86%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Snam's First Half 2023 Consolidated Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Ms. Francesca Pezzoli, Head of IR. Please go ahead.

Francesca Pezzoli
Snam S.p.A. - Head of IR

Good afternoon, ladies and gentlemen and welcome to Snam H1 2023 Consolidated Results. Today's presentation will be hosted by our CEO, Stefano Venier and by our CFO, Luca Passa. In the presentation, Stefano will provide an overview of the H1 results, the key highlights of the period and an update on the delivery of the strategic plan. Luca will talk you through the financial performance, then back to Stefano for closing remarks and finally, the Q&A session.

And now let me hand over to Stefano.

Stefano Venier
Snam S.p.A. - CEO & Director

Good afternoon also on my side. Let's start on Page 2. Gas demand declined by more than 16% on the first half. Gas prices

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