Company Profile For Gas Natural SDG SA

Gas Natural SDG SA (GAS.MC) (Madrid SE C.A.T.S.)

sector: Utilities · industry: Utilities - Natural Gas ·

As of 10:05pm IST

14.12EUR

Price Change

+0.06

Percent Change

+0.46%

Analyst Recommendations

Overview

Gas Natural SDG SA is a Spain-based company active in the energy sector. The Company specializes in the sale and distribution of natural gas. Additionally, through its subsidiaries, it is engaged in the electricity generation and sale, as well as support activities for the energy industry. It is a parent of a number of controlled entities, such as Gas Natural Distribucion SDG SA, Gas Natural Comercializadora SA, Gas Natural Castilla Leon SA, Gas Natural Sao Paulo SA, Gas Natural Castilla-La Mancha SA, Gas Natural Andalucia SA and Gas Navarra SA, among others. Through Sagane SA, the Company is a majority shareholder of Metragaz and EMPL, companies which operate and maintain the Moroccan section of the Maghreb-Europe gas pipeline. The Company also has operations established in Latin America, Europe, Africa and the Middle East.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Gas Natural SDG SA's total revenue increased 9% to EUR10.64B. Net income for the period increased 14% to EUR914M. Total revenue reflects an increase in demand for the Company's products and services. Net income benefited from improved both gross and operating margins as well as from an increase in write down of assets and higher income from associates.