None
ES
Snam strengthens growth in the first half of the year. Investments +43.8% and debt under control
['Matthew Allen']
LNU News
Gas infrastructures generated revenues of 1.841 billion (+5.5%), while Market Solutions increased from 161 to 185 million euros (+14.9%).
Adjusted EBITDA increased from 1.492 to 1.572 billion euros (+5.4%), growth rising to 9%.
The reported net profit figure is different, equal to 650 million euros (-15.9%), penalized by extraordinary components linked to financial instruments.
Record investments to strengthen the energy networkThe most significant data of the half-year report concerns investments, which rose to 1.613 billion euros compared to 1.122 billion in the first half of 2025, with a growth of 43.8%.
In the half-year, Snam also generated 1.832 billion euros of Funds From Operations, maintaining a conversion between EBITDA and cash of 77% and confirming a high self-financing capacity even after investments and dividends.