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

Q1 2024 Snam SpA Earnings Call Transcript

May 16, 2024 / 08:30AM GMT
Release Date Price: $9.7
Operator

Good morning. This is a Chorus Call conference operator. Welcome and thank you for joining the Snam First Quarter 2024 Consolidated Results Conference Call. (Operator Instructions)

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

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

Good morning ladies and gentlemen, and welcome to Snam Q1 2024 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 you an overview of the key highlights of the period. Luca will walk you through the financial performance. Then back to Stefano for closing remarks and finally, the Q&A session. And now I will hand over to Stefano.

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

Good morning. Let me go through key highlights on Page 2. First quarter posted a strong performance with the adjusted EBITDA at 703 million up 18% year on year mainly

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