Snam released a robust set of 9M results, driven by favourable scope effects and growing regulated revenues. The group gave an update of its 2022 objective and now expects annual EPS growth above 5%. We stick to our Add recommendation.
07 Nov 2018
Robust 9M results, revised 2022 outlook
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Robust 9M results, revised 2022 outlook
Snam S.p.A. (SRG:WBO) | 0 0 0.3% | Mkt Cap: 12,935m
- Published:
07 Nov 2018 -
Author:
Edouard Enault -
Pages:
2
Snam released a robust set of 9M results, driven by favourable scope effects and growing regulated revenues. The group gave an update of its 2022 objective and now expects annual EPS growth above 5%. We stick to our Add recommendation.