Snam released a robust set of H1 results, marked by the solid performance of the group’s transmission activities (EBIT +6%). The group revised its FY18 average cost of debt guidance to 1.6% and now sees €10m additional revenues, allowing it to increased its bottom line target from €975m to c.€1bn.
01 Aug 2018
Higher revenues and lower cost of debt allows Snam to raise its FY18 objectives
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Higher revenues and lower cost of debt allows Snam to raise its FY18 objectives
Snam S.p.A. (SRG:WBO) | 0 0 0.3% | Mkt Cap: 12,935m
- Published:
01 Aug 2018 -
Author:
Edouard Enault -
Pages:
3
Snam released a robust set of H1 results, marked by the solid performance of the group’s transmission activities (EBIT +6%). The group revised its FY18 average cost of debt guidance to 1.6% and now sees €10m additional revenues, allowing it to increased its bottom line target from €975m to c.€1bn.