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
(2019
sales of 1.94 billion Euros [US$2.34 billion]
of which 106%
was Energy distribution),
Iren Spa
(4.08 billion Euros [US$4.92 billion]
of which 67%
was Market), and
Italgas SpA
(1.82 billion Euros [US$2.19 billion]
).
Sales Analysis.
Snam SpA reported sales of 2.67 billion Euro (US$3.21 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 3.1%
versus 2018, when the company's sales were 2.59 billion Euro.
This was the third consecutive year of growth at Snam SpA.
Sales of Corporate saw an increase
that was more than double the company's growth rate: sales were up
17.4% in 2019, from
86.00 million Euro to 101.00 million Euro.
Snam SpA also saw significant increases in sales in
Storage (up 15.6% to 511.00 million Euro)
.
Not all segments of Snam SpA experienced an increase in sales in 2019:
sales of Transportation fell 0.2% to 2.01 billion Euro.