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RSS FeedsSnam makes upward revisions to the main targets of the 2017-2021 plan
(WorldNews Italy)


14 march 2018 09:38:28

Snam makes upward revisions to the main targets of the 2017-2021 plan
(WorldNews Italy)

Snam has reached the previous plan`s main objectives in 2017, leading to significantly improved expectations for the results at the end of 2021 Investments: EUR 5.2 bn (+10% compared to the previous plan), of which EUR 4.6 bn in transportation and EUR 0.6 bn in storage and regasification Among the investments: EUR 360 mn in innovation for the low emission economy (mainly internal energy efficiency and emission reduction) RAB annual average growth (CAGR[1]) of 2% Increase in efficiency: over EUR 40 mn of savings at the end of the plan(+60% from EUR 25 mn of the previous plan) Contribution from associates confirmed to EUR 200 mn in 2021 Net income CAGR[1] 4.5% (4% in the previous plan) Dividend policy with...
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