• SNAM held its 1H 2026 results conference call with CEO and General Manager Agostino Scornajenchi, Chief Financial Sustainability and International Asset Management Officer Luca Passa, and IR head Francesca Pezzoli.
• Adjusted EBITDA rose 9% to EUR 1.57 billion; adjusted net income reached EUR 733 million; investments totaled about EUR 1.6 billion including OLT control acquisition.
• Full-year guidance reiterated: adjusted EBITDA around EUR 3.1 billion; adjusted net income above EUR 1.45 billion; net-debt outlook raised to EUR 18.9 billion.
• Management flagged LNG as structural, citing 32% of Italian inflows in 1H; called for 100% remuneration on LNG terminals versus current 64% cap.
• TAP expansion: binding market test planned for 1Q 2027, with staged options up to 7 bcm additional capacity, targeting operations in 2031-2032.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SNAM S.p.A. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.