Saipem upgraded to Buy from Hold at Kepler Cheuvreux
Kepler Cheuvreux upgraded Saipem (SAPMY) to Buy from Hold with a price target of EUR 3.40, up from EUR 3. The firm sees less earnings risk post ...
Upstream2d
Saipem targeting $52.4 billion-worth of orders under 2025-2028 strategic plan
Saipem in 2024 was awarded new contracts totalling a record €18.812 billion versus €17.659 billion in the previous year, and ...
Recharge1d
Saipem reveals latest on drilling challenges at delay-hit offshore wind farm
Saipem has overcome problems that delayed installation of the first monopile socket by months at EDF-led Calvados/Courseulles ...
Saipem Sees 71 Percent Increase in Annual Profit
Saipem reported $321.08 million in net profit for 2024, up 70.9 percent from 2023 helped by higher volumes and the deployment of new rigs.
Upstream1d
Saipem sets course for new growth with eyes on greater profits
Italian contractor presents optimistic four-year plan as it continues turnaround from heavy losses in 2020 and 2021 ...
FIRSTonline2d
Saipem: 2024 profits up 70% and order book at all-time high. Dividend increases and 2025 guidance improved
The payout rises to 40% of free cash flow. For 2025, the group expects revenues of 15 billion and new orders of 50 billion.
Saipem SpA (SAPMF) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives
Saipem SpA (SAPMF) reports a significant increase in revenue and EBITDA, alongside strategic moves to enhance future ...
oedigital.com3d
Saipem Reports Growth for Third Consecutive Year
Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin ...