Snam Spa (SNMRF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. This is the Coral School Conference Operator. Welcome and thank you for joining the SNAM full year 2024 consolidated results conference call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Ms. Francesca Pezzoli, Head of Investor Relations of SNAM. Please go ahead, Madam. Good afternoon, ladies and gentlemen, and welcome to the presentation of SNAM full year 24 consolidated results approved by the board today. The presentation will be hosted by SNAM CEO Stefano Venier and by SNAM CFO Luca Passa. In the presentation, Stefano will provide an overview of the strong financial and industrial results delivered over the last two years, the most relevant achievements on our ambition to build the pan-European multi-molecules infrastructure player and key market highlights of the period. Luca will provide the financial performance overview, which has been remarkable as well, the emission reduction progresses and the 2025 guidance. Then back to Stefano for closing remarks and finally the Q&A session. I will now hand over to Stefano. Thanks, Francesca, and good afternoon, ladies and gentlemen. Over the past years, we made significant progress in strengthening security of supply while reducing our carbon footprint, leading the way toward a decarbonized energy system, and establishing the foundations for long-term growth and decarb opportunities. During this period, we conducted M&A activities coherent with our asset footprint to bolster a systemic approach to the energy system. Concurrently, we work...