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%).


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

Contact


ir@saras.it


Source: Saras S.p.A. - Last Update: 2023-11-14

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