Positive Q3 results for Snam. The top-line results of the group are within expectations with revenues at €2,748m (+3.8% ytd) and €911m (+5.2% qoq) given the higher gas volumes injected into the transportation network (+5.8%) and an increase in the number of active meters (+2.1%). EBITDA is in line with last year's results at €2,108m. Although the EBIT was higher at 8% qoq and 2.5% ytd above forecasts to €495m and €1,507m respectively (with a flat ytd performance) due
