Saras SpA
MIL:SRS

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Saras SpA
MIL:SRS
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Price: 1.5975 EUR Market Closed
Market Cap: €1.5B

Saras SpA
Investor Relations

In the industrial landscape of Italy, Saras SpA stands as a formidable presence, deeply embedded within the energy sector. Founded in 1962, the company has cultivated a robust reputation for excellence through its operations centered on oil refining. Saras operates one of Europe's largest and most complex refineries, the Sarroch refinery, situated on the island of Sardinia. This vast facility is the backbone of the company's operations, capable of processing around 15 million tons of crude oil annually. The refinery is equipped with advanced technological systems that enable it to convert crude oil into a wide array of refined products, including gasoline, diesel, jet fuel, and other petrochemical derivatives. These are then distributed across various European markets, ensuring that Saras remains a critical player in meeting the continent's energy demands.

Saras SpA harnesses its strategic location and technical prowess to capture value within the intricate world of energy trading. Besides refining, the company has ventured into power generation and trading, contributing to its diversified portfolio. It operates in the sector of electricity generation through its subsidiary Sarlux, which produces electricity utilizing gasification technology, an innovative process that aligns with Europe's efforts to transition towards cleaner energy solutions. This diversification not only helps mitigate the risks inherent in the oil market but also positions Saras as a more resilient and adaptable entity in the volatile energy sector. Through astute management and an eye on future energy trends, Saras leverages its refining expertise and innovative practices to sustain and grow its revenue streams, securing its place as a key participant in the European energy ecosystem.

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Last Earnings Call
Fiscal Period
Q1 2024
Call Date
May 14, 2024
Q1 2024 Earnings Call
No Analysis Available

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Earnings Call Recording
Other Earnings Calls

Management

Mr. Angelo Moratti
Founder
No Bio Available
Ms. Patrizia Radice
Chief Human Resources Officer
No Bio Available
Dr. Fabio Peretti
Chief Financial Officer
No Bio Available
Ms. Simona Berri
General Counsel & Head of Corporate Affairs
No Bio Available
Mr. Marco Schiavetti
Chief Commercial Officer
No Bio Available
Mr. Giordano Serafini
Chief Oil Supply Chain Officer
No Bio Available

Contacts

Address
CAGLIARI
Sarroch
S.S. Sulcitana n.195 - Km.19
Contacts
+3907090911.0
www.saras.it