Company Profile
Saras S.p.A. is the European leader of the production and distribution of crude and refined oil (fuel, diesel, kerosene, etc.). Net sales break down by activity as follows:
- sales and distribution of petroleum products (92.2%);
- production and sales of electricity (7.8%).
Net sales are distributed geographically as follows: Italy (26.5%), Spain (10.8%), Europe (61.3%) and the United States (1.4%).
- sales and distribution of petroleum products (92.2%);
- production and sales of electricity (7.8%).
Net sales are distributed geographically as follows: Italy (26.5%), Spain (10.8%), Europe (61.3%) and the United States (1.4%).
Source: Cofisem - Last Update: 2023-11-14
Key Executives
| Chairman and Chief Executive Officer | Massimo Moratti |
| Deputy Chief Executive Officer | Franco Balsamo |
| Chief Financial Officer | Fabio Peretti |
| General Counsel | Simona Berri |
| Chief Industrial Officer | Carlo Guarrata |
| Chief Human Resources Officer | Patrizia Radice |
| Chief Commercial Officer | Marco Schiavetti |
Source: Cofisem - Last Update: 2023-08-02
Key Figures
| Millenium | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Net sales | 15,777,146 | 8,561,324 | 5,184,875 | 9,369,093 | 10,267,867 |
| Income from ordinary activities | 15,777,146 | 8,561,324 | 5,184,875 | 9,369,093 | 10,267,867 |
| Operating income | 965,635 | 78,496 | -341,111 | 54,092 | 144,800 |
| Cost of financial indebtedness net | 30,500 | 19,708 | 16,365 | 18,248 | 16,548 |
| Equity-accounted companies contribution to income | |||||
| Net profit from discontinued activities | |||||
| Net income | 416,916 | 9,334 | -275,516 | 26,154 | 140,425 |
| Net income (Group share) | 416,916 | 9,334 | -275,516 | 26,154 | 140,425 |
| Fiscal year end | 12.22 | 12.21 | 12.2 | 12.19 | 12.18 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards |
Source: Cofisem - Last Update: 2023-11-14
Shareholder information
| Other shareholders | 45 % |
| Massimo Moratti S.A.p.A. | 20.01 % |
| Urion Holdings Malta Limited | 14.97 % |
| Angel Capital Management S.p.A. | 10.01 % |
| Stella Holding S.p.A. | 10.01 % |
Source: Cofisem - Last Update: 2023-11-14
Address
Saras S.p.A.
Km 19 S.S. Sulcitana 195
IT-09018 Sarroch, Sardegna
Italy
Phone number: +39 070 90911
Fax: +39 070 900209
http://www.saras.it
Source: Cofisem - Last Update: 2023-11-14
Contact
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