Snam SpA

SRG: XMIL (ITA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Snam Earnings: Regulated Revenue Supports EBITDA Growth; Shares Undervalued

Snam reported second-quarter results slightly ahead of company-compiled consensus, with adjusted EBITDA rising 2.4% to EUR 731 million. Management confirmed its guidance for the full year.

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