Snam SpA operates in the Natural gas transmission sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Snam SpA with three other
natural gas suppliers in Europe:
Gelsenwasser AG
of GERMANY
(2020
sales of 1.71 billion Euros [US$2.03 billion]
of which 116%
was Energy distribution),
Iren Spa
(3.54 billion Euros [US$4.20 billion]
), and
Italgas SpA
(2.06 billion Euros [US$2.44 billion]
).
Sales Analysis.
Snam SpA reported sales of 2.77 billion Euro (US$3.29 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 3.9%
versus 2019, when the company's sales were 2.67 billion Euro.
This was the fourth straight year of sales growth at Snam SpA.
Sales of Corporate saw an increase
that was more than double the company's growth rate: sales were up
103.0% in 2020, from
101.00 million Euro to 205.00 million Euro.
Snam SpA also saw significant increases in sales in
Re-Gasification (Regulated) (up 23.5% to 21.00 million Euro)
.
Not all segments of Snam SpA experienced an increase in sales in 2020:
sales of Storage of Natural Gas fell 2.3% to 499.00 million Euro.