Q1 2019 Snam SpA Earnings Call Transcript
Good afternoon, ladies and gentlemen, thank you for standing by, and welcome to today's Snam 2019 First Quarter Results Call. (Operator Instructions) I must advise you that this conference is being recorded today, 15th of May 2016 (sic) [2019]. And without any further delay, I would now like to hand the conference over to presenter today, CFO, Alessandra Pasini. Please go ahead, sir.
Thank you. Ladies and gentlemen, good afternoon, and welcome to Snam's 2019 First Quarter Results Presentation. In the first quarter of 2019, we achieved strong results. EBITDA was up 4%, thanks to the increase in (technical difficulty) update and higher tariff RAB and the further effect of circa EUR 1 million related to our efficiency program, which has been launched in 2016. Net income was up 11%, thanks to lower interest cost deriving from (technical difficulty) positive impact of the liability management exercise carried out in December 2018 and second continuous management -- treasury
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
