Snam delivered a solid performance, enabling the group to confirm its FY202 guidance, with 10.3% growth in revenues to €2.4bn. The reported EBITDA for the 9M2022 period declined by 0.6% to €1.716bn, mainly due to the reduction in WACC amounting to €95m, of which €76m concerning transport. Over the 9M2022 period, the decrease in regulated revenues was again offset by the revenues of the non-regulated activities as well as the energy transition business segment.
16 Nov 2022
Q3 22: The unregulated activities continued to offset a decrease in WACC
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Q3 22: The unregulated activities continued to offset a decrease in WACC
Snam (SRG:BIT), 0 | Snam S.p.A. (SRG:MIL), 0
- Published:
16 Nov 2022 -
Author:
Olivier de Wismes -
Pages:
3
Snam delivered a solid performance, enabling the group to confirm its FY202 guidance, with 10.3% growth in revenues to €2.4bn. The reported EBITDA for the 9M2022 period declined by 0.6% to €1.716bn, mainly due to the reduction in WACC amounting to €95m, of which €76m concerning transport. Over the 9M2022 period, the decrease in regulated revenues was again offset by the revenues of the non-regulated activities as well as the energy transition business segment.