Saras S.p.A. (SRS) - Financial and Strategic SWOT Analysis Review

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Saras S.p.A. (SRS) - Financial and Strategic SWOT Analysis Review
Saras S.p.A. (SRS) - Financial and Strategic SWOT Analysis Review

Reference Code: GDGE7805FSA Publication Date: SEP 2012



S.S. Sulcitana n.195 - Km 19 Phone +39 070 90911 Revenue 11,037.10 (million EUR)

Sarroch Fax +39 070 900209 Net Profit 58.80 (million EUR)

09018 Website www.saras.it Employees 2,241

SRS [Italian SE

Italy Exchange (Mercato Continuo Industry Oil & Gas

Italia)]



Company Overview

Saras S.p.A. (Saras) is an energy company. The company operates principally through its subsidiaries in four business segments

namely refining, marketing, power generation and wind power. Its major refinery is Sarroch refinery, located on the Southwestern

coast of Sardinia. Saras is also active in the production and sale of electricity, as well as industrial engineering, scientific

research, and information technology services. Furthermore, the company also offers following services and solutions to oil sector

and environmental quality control, engineering services and plant packages, process control solutions, environmental engineering

solutions and chemical research services.

Key Executives SWOT Analysis

Name Title Saras S.p.A., SWOT Analysis

Giuseppe Citterio Director, Planning and Strengths Weaknesses

Industrial Performance

Control Dominant Position In Italy Poor Geographic Presence

Francesco Marini Director, Operational High Refining Capacity Low Operating Margin

Management

Fernando Ferri Director, uman Resources

Opportunities Threats

Gian Marco Moratti Chairman

Angelo Gino Moratti Vice Chairman Huge Demand Of Fuels In Rising Capital Costs In The

Middle Distillates Refining Sector

Source: Annual Report, Company Website, Primary and Secondary

Research, GlobalData

Growth Strategy Stringent Regulations

Share Data

Saras S.p.A. Source: Annual Report, Company Website, Primary and Secondary Research,

GlobalData

Share Price (EUR) as on 04-Sep- 0.88

2012

EPS (EUR) 0.06

Market Cap (million EUR) 814

Enterprise Value (million EUR) 984

Shares Outstanding (million) 928

Source: Annual Report, Company Website, Primary and Secondary

Research, GlobalData



Financial Performance









Source: Annual Report, Company Website, Primary and Secondary

Research, GlobalData









Saras S.p.A. (SRS) - Financial and Strategic SWOT Analysis Reference Code: GDGE7805FSA

Review

Source : www.globalcompanyintelligence.com Page 1

© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

Table of Contents

Table of Contents ............................................................................................................................................................................... 2

List of Tables .................................................................................................................................................................................. 3

List of Figures ................................................................................................................................................................................. 4

Section 1 - About the Company.......................................................................................................................................................... 5

Saras S.p.A. - Key Facts .................................................................................................................................................................... 5

Saras S.p.A. - Key Employees ........................................................................................................................................................... 6

Saras S.p.A. - Key Employee Biographies ......................................................................................................................................... 7

Saras S.p.A. - Key Operational Employees ........................................................................................................................................ 8

Saras S.p.A. - Major Products and Services ...................................................................................................................................... 9

Saras S.p.A. - Key Operational Summary ........................................................................................................................................ 10

Saras S.p.A., Share of Installed Capacity by Fuel Type (Power Generation), 2010 ..................................................................... 11

Saras S.p.A. - History ....................................................................................................................................................................... 12

Saras S.p.A. - Company Statement ................................................................................................................................................. 14

Saras S.p.A. - Locations And Subsidiaries ....................................................................................................................................... 16

Head Office ................................................................................................................................................................................... 16

Other Locations & Subsidiaries ..................................................................................................................................................... 16

Section 2 – Company Analysis ......................................................................................................................................................... 17

Saras S.p.A. - Business Description................................................................................................................................................. 17

Saras S.p.A. - Corporate Strategy .................................................................................................................................................... 18

Saras S.p.A. - SWOT Analysis ......................................................................................................................................................... 19

SWOT Analysis - Overview........................................................................................................................................................... 19

Saras S.p.A. - Strengths ............................................................................................................................................................... 19

Strength - Dominant Position In Italy ......................................................................................................................................... 19

Strength - High Refining Capacity ............................................................................................................................................. 19

Strength - Engaging Diversified Operations .............................................................................................................................. 19

Saras S.p.A. - Weaknesses .......................................................................................................................................................... 19

Weakness - Poor Geographic Presence ................................................................................................................................... 19

Weakness - Low Operating Margin ........................................................................................................................................... 19

Saras S.p.A. - Opportunities ......................................................................................................................................................... 20

Opportunity - Huge Demand Of Fuels In Middle Distillates ...................................................................................................... 20

Opportunity - Growth Strategy................................................................................................................................................... 20

Opportunity - Huge Demand for Underground Gas Storage In Europe ..................................................................................... 20

Saras S.p.A. - Threats .................................................................................................................................................................. 20

Threat - Rising Capital Costs In The Refining Sector ................................................................................................................ 20

Threat - Stringent Regulations .................................................................................................................................................. 20

Threat - Intense competition...................................................................................................................................................... 20

Saras S.p.A. - Key Competitors........................................................................................................................................................ 22

Section 3 – Company Financial Ratios ............................................................................................................................................. 23

Financial Ratios - Capital Market Ratios........................................................................................................................................... 23

Financial Ratios - Annual Ratios ...................................................................................................................................................... 23

Performance Chart ........................................................................................................................................................................... 25

Financial Performance...................................................................................................................................................................... 25

Financial Ratios - Interim Ratios....................................................................................................................................................... 26

Financial Ratios - Ratio Charts ......................................................................................................................................................... 27

Section 4 – Company’s Oil & Gas, Power Financial Deals and Alliances ........................................................................................ 28





Saras S.p.A. (SRS) - Financial and Strategic SWOT Analysis Reference Code: GDGE7805FSA

Review

Source : www.globalcompanyintelligence.com Page 2

© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

Saras S.p.A., Oil & Gas, Deals By Year, 2006 to YTD 2012........................................................................

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