SNMRF - Snam S.p.A. (SNMRF) Full Year 2023 Earnings Call Transcript
2024-03-14 17:22:07 ET
Snam S.p.A. (SNMRF)
FY 2023 Earnings Conference Call
March 14 2024 5:00 AM ET
Company Participants
Stefano Venier - Chief Executive Officer
Luca Passa - Chief Financial Officer
Francesca Pezzoli - Head of Investor Relations
Conference Call Participants
Javier Suarez - Mediobanca
Jose Ruiz - Barclays
Bartlomiej Kubicki - Societe Generale
Stefano Gamberini - Equita SIM
Presentation
Operator
Good morning. This is the Chorus Call conference operator. Welcome and thank you for joining the Snam Full Year 2023 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. [Operator Instructions]
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.
Francesca Pezzoli
Good morning, ladies and gentlemen, and welcome to Snam Full Year 2023 consolidated results. Today, presentation will be hosted by our CEO, Stefano Venier; and by our CFO, Luca Passa. In the presentation, Stefano will provide an overview of the key highlights and achievements of the period; Luca will walk you through the financial performance; then back to Stefano for closing remarks; and finally, the Q&A session.
And now I will hand over to Stefano.
Stefano Venier
Thank you. Thank you, Francesca, and good morning also on my side. On full year 2023, we think we deliver solid results in a complex environment characterized by geopolitical instability, cyclical gas demand, volatile gas prices, and rising interest rates. The acuteness of the energy crisis eased in 2023, but energy markets, geopolitical and global economy, remain unsettled, highlighting the importance to continue developing on an infrastructure to secure reliable, affordable, and in the future, decarbonized energy supply....
Snam S.p.A. (SNMRF) Full Year 2023 Earnings Call Transcript