Saipem SpASPM.MI

Borsa ItalianaEnergyOil & Gas Equipment & Services
Price (close)
€4.35
Market cap
€8.4B
P/E
27.2x
Revenue (FY)
€15.5B
Net income
€310.0M
Dividend yield
3.91%
1-year total return
81.1%
Net margin
2.0%
Revenue growth
6.6%
Debt / equity
0.68x

What Saipem SpA does.

Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea fields and pipelaying; installation and lifting of offshore structures; engages in engineering, implementation, installation, maintenance, modification, and decommissioning activities, as well as offshore engineering and construction, and wind activities. It is also involved in onshore engineering and construction, sustainable infrastructures, and robotics and industrialized solutions; and design and construction of infrastructure projects, such as railway lines in high speed/high capacity lines. In addition, the company provides procurement, project management, and construction services to oil and gas, civil and marine infrastructure, and environmental markets. The company was founded in 1957 and is headquartered in Milan, Italy.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue€7.4B€6.5B€10.0B€11.9B€14.5B€15.5B
Net income-€1.1B-€2.5B-€209.0M€179.0M€306.0M€310.0M
Free cash flow-€182.0M-€193.0M-€1.0B€104.0M€724.0M€1.1B

More on SPM.MI.

Figures from Saipem SpA's annual reports (ESEF, via filings.xbrl.org) and Yahoo Finance, standardised automatically; prices are end-of-day closes. Not financial advice.