Snam’s recent diversification strategy is now paying off. The decrease in regulated businesses due to a lower WACC (EBITDA down 0.7%) has been more than offset by the contributions from Associates, mainly Interconnector Limited in the UK. This is another step forward for the non-regulated businesses, which are becoming ever more important within Snam’s business model.
As a result, thte net income guidance for the full-year has been increased to €1,130m (+2.7%).
27 Jul 2022
H1 22: non-regulated businesses to the rescue of a lower WACC
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H1 22: non-regulated businesses to the rescue of a lower WACC
- Published:
27 Jul 2022 -
Author:
Nicolas Bouthors -
Pages:
3
Snam’s recent diversification strategy is now paying off. The decrease in regulated businesses due to a lower WACC (EBITDA down 0.7%) has been more than offset by the contributions from Associates, mainly Interconnector Limited in the UK. This is another step forward for the non-regulated businesses, which are becoming ever more important within Snam’s business model.
As a result, thte net income guidance for the full-year has been increased to €1,130m (+2.7%).