Business
SRG: Q1 2025 saw double-digit profit growth, strategic M&A, and strong energy transition progress
SRG: Q1 2025 saw double-digit profit growth, strategic M&A, and strong energy transition progress
About this update from Snam S.p.a.
Snam delivered strong Q1 2025 results with adjusted EBITDA up 8.3% and net income up 21.2% year-over-year, supported by robust gas demand, strategic M&A, and progress in energy transition. Net debt rose to €16.8bn, with a stable cost of debt and affirmed credit ratings.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.