The earnings call highlighted strong financial and operational performance, including an increase in gas demand and LNG imports, alongside positive sustainability efforts and a credit rating upgrade. However, challenges were noted in rising net debt and ongoing regulatory pressures. The overall sentiment is cautiously optimistic, with a focus on future growth and stability.

Company Guidance

In the Snam First Half 2025 Consolidated Results Conference Call, several key financial metrics and guidance updates were provided. Snam's adjusted EBITDA reached EUR 1.492 billion, reflecting a year-on-year increase of 5.3%, driven by growth in regulated revenues. Adjusted net income stood at EUR 750 million, up 8.5% from the previous year, due to higher EBITDA and contributions from associates, partly offset by increased depreciation and financial charges. The company's net debt was reported at EUR 17.6 billion, with an average cost of debt stable at 2.5%. Investment for the period amounted to EUR 1.122 billion. Notably, the guidance for full-year 2025 does not yet include positive impacts from the 2024 deflator update, valued at approximately EUR 52 million, nor the shift to the Italian IPCA index for RAB revaluation starting in 2025, estimated to be around EUR 40 million. The CEO expressed confidence in potentially exceeding the full-year guidance, with further updates anticipated in November.

Strong Rebound in Gas Demand

Gas demand in Italy increased by 6% compared to the same period last year, marking the first rebound in 4 years, with a notable 12% growth in the thermoelectric sector.

Significant LNG Import Growth

Liquefied natural gas imports rose by 2.4 billion cubic meters, a significant 32% increase, supported by new regasification terminals in Piombino and Ravenna.

Solid Financial Performance

Adjusted EBITDA increased by 5.3% year-on-year to EUR 1.492 billion, and adjusted net income rose by 8.5% to EUR 750 million.

Positive Rating Upgrade

Standard & Poor's raised Snam's rating to A-, confirming the company's strong credit profile.

Sustainability Progress

Sustainable finance reached 86% of the total, and the company expects a 20% reduction in Scope 1 and 2 CO2 emissions compared to 2022.

Snam SpA (SNMRY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SNMRY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	- / -	0.409	―	―	―
Jul 30, 2025	2025 (Q2)	- / 0.50	0.409	22.98% (+0.09)
May 08, 2025	2025 (Q1)	- / -	0.282	―
Mar 19, 2025	2024 (Q4)	- / 0.40	0.282	42.91% (+0.12)
Nov 07, 2024	2024 (Q3)	- / -	0.45	―
Jul 31, 2024	2024 (Q2)	- / 0.41	0.45	-9.11% (-0.04)
May 16, 2024	2024 (Q1)	- / -	-0.009	―
Mar 14, 2024	2023 (Q4)	- / 0.28	-0.009	3233.33% (+0.29)
Nov 09, 2023	2023 (Q3)	- / -	0.451	―
Jul 27, 2023	2023 (Q2)	- / 0.45	0.451	-0.22% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SNMRY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$11.70	$11.60	-0.85%
May 08, 2025	$11.29	$11.33	+0.35%
Mar 19, 2025	$9.85	$9.83	-0.20%
Nov 07, 2024	$8.99	$8.77	-2.45%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Snam Spa (SNMRY) report earnings?

Snam Spa (SNMRY) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Snam Spa (SNMRY) earnings time?

Snam Spa (SNMRY) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is SNMRY EPS forecast?

Currently, no data Available

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