Snam posts over 9 billion in revenue and 1.1 billion in profit for the first 9 months
Snam reported over 9 billion in revenue and 1.1 billion in profit for the first nine months of the year. Revenue increased by 10.8% to 3.04 billion, while EBITDA rose by 10.6% to 2.4 billion. Net profit saw a 4% increase to 1.11 billion, and investments grew from 1.76 billion to 2.31 billion. The interim dividend was raised by 4% to 12.57 cents. CEO Agostino Scornajenchi highlighted the results as evidence of the company's resilience and effective strategy, emphasizing ongoing growth through increased infrastructure investments.
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