Snam RG FY revenues seen at 1.9 bln eur, EBITDA topping 1.5 bln (Snam Rete Gas Spa)

Date : 03/16/2008 @ 12:15PM
Source : TFN
Stock : Snam Rete Gas Spa (SRG)
Quote : 4.06  -0.0725 (-1.75%) @ 11:33AM
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Snam RG FY revenues seen at 1.9 bln eur, EBITDA topping 1.5 bln (Snam Rete Gas Spa)

        MILAN (Thomson Financial) - Snam Rete Gas SpA is expected to book full-year
revenues of around 1.9 bln eur, up 6 pct on a like-for-like basis compared to
2007, the daily Il Sole 24 Ore said in a study on the company.
    EBITDA is seen at above 1.5 bln eur and cash flow should top 1 bln, it said.
    Net profit is expected to benefit from a tax rate declining to about 35 pct
from 40 pct last year, the newspaper said.
danilo.masoni@thomson.com
dm/vs

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