Snam Spa ( (SNMRY) ) has released its Q2 earnings. Here is a breakdown of the information Snam Spa presented to its investors.
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Snam Spa is a leading energy infrastructure company in Italy, primarily focusing on natural gas transportation, storage, and regasification, with a strong emphasis on sustainability and innovation in the energy sector.
In the first half of 2025, Snam Spa reported a solid financial performance, with significant growth in both EBITDA and net income, driven by increased gas demand and strategic infrastructure developments.
The company’s key financial metrics showed a 5.3% increase in adjusted EBITDA and an 8.5% rise in adjusted net income year-over-year. Snam also made notable progress in strategic projects, including advancements in carbon capture and storage (CCS) and biomethane production, alongside a strong focus on sustainable finance and emissions reduction.
Snam’s infrastructure flexibility has enabled a shift in gas flows, enhancing supply diversification with liquefied natural gas (LNG) imports accounting for over 30% of Italy’s gas imports. The company also maintained storage levels above European averages, ensuring energy security.
Looking ahead, Snam is on track to meet or exceed its full-year 2025 guidance, with a continued focus on value creation, financial flexibility, and the delivery of its strategic initiatives in the energy transition space.