Italy's Snam nudges up guidance after rise in 9-month profit
05/11/2025 14:22
MILAN, Nov 5 (Reuters) - Italy's gas grid operator Snam SRG.MI on Wednesday nudged up its 2025 guidance on profit and net debt, after reporting a 6.6% year-on-year rise in its nine-month core earnings. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 2.23 billion euros ($2.6 billion) in the period, slightly better than an average estimate of 2.21 billion euros in an analyst pool compiled by Reuters. ($1 = 0.8575 euros) (Reporting by Francesca Landini, editing by Cristina Carlevaro) ((francesca.landini@thomsonreuters.com; +39 02 66129437; Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))