Business description: Saipem S.p.A.

Saipem S.p.A. specializes in engineering and construction services for the oil and gas industries. Net sales break down by activity as follows:

- engineering, construction and installation services (93.7%): offshore services (submarine pipelines, oil platforms, etc.) and onshore (pipelines in hostile environments, hydrocarbon production units, drilling installations, refineries, etc.), and construction of floaters;

- offshore drilling services (6.3%).

Net sales are distributed geographically as follows: Italy (6.8%), Europe (9.4%), Middle East (35.7%), Sub-Saharan Africa (27.1%), Americas (10.8%), Far East and Oceania (7.2%), North Africa (2.3%) and Commonwealth of Independent States (0.7%).

Number of employees: 30,000

Sales by Activity: Saipem S.p.A.

Fiscal Period: December20202021202220232024

Asset Based Services

- - - 9.46B 11.02B

Energy Carriers

- - - 5.63B 6.04B

Offshore Engineering & Construction (Excluding Floaters)

4.04B 4.04B 7.09B - -

Onshore Engineering & Construction (Including Floaters)

4.36B 3.64B 4.75B - -

Offshore Drilling

644M 648M 914M 1.27B 1.4B

Onshore Drilling

518M 417M - - -

Intra-Group Sales

-2.22B -1.87B -2.78B -4.48B -3.91B
See all business segments

Geographical breakdown of sales: Saipem S.p.A.

Fiscal Period: December20202021202220232024

Middle East

2.52B 2.16B 3.82B 3.89B 5.2B

Sub-Saharan Africa

1.68B 1.74B 2.25B 3.16B 3.94B

Americas

433M 649M 1.17B 1.85B 1.57B

Rest of Europe

493M 735M 1.04B 956M 1.35B

Far East and Oceania

- - - 739M 1.05B

Italy

419M 284M 400M 681M 992M

North Africa

377M 90M 210M 288M 329M

CIS

539M 460M 409M 303M 108M

Far East

880M 760M 676M - -
See all geographic segments

Executive Committee: Saipem S.p.A.

Manager TitleAgeSince
Chief Executive Officer 62 2022-08-30
Director of Finance/CFO 46 2022-05-26
Chief Tech/Sci/R&D Officer 63 -
Corporate Officer/Principal - 2022-10-31
Corporate Officer/Principal 43 2022-01-31
See SAIPEM S.P.A. governance

Composition of the Board of Directors: Saipem S.p.A.

Director TitleAgeSince
Director/Board Member 61 2018-05-15
Director/Board Member 52 2021-04-29
Director/Board Member 66 2021-04-29
Director/Board Member 62 2022-08-30
Director/Board Member 52 2024-04-16
Composition of the Board of Directors

Shareholders: Saipem S.p.A.

NameEquities%Valuation
21.19 %
422,920,192 21.19 % 1 152 M €
CDP Equity SpA (Private Equity)
12.82 %
255,841,728 12.82 % 697 M €
Norges Bank Investment Management
3.47 %
69,245,853 3.47 % 189 M €
1.923 %
38,370,464 1.923 % 105 M €
BNP Paribas Asset Management Europe SAS
0.9437 %
18,833,025 0.9437 % 51 M €
List of SAIPEM S.P.A. shareholders

Holdings: Saipem S.p.A.

NameEquities%Valuation
800,000 20% 265,533,848 $
38,370,464 1.92% 104,513,854 $
4,400,000 0.74% 224,796 $

Company details: Saipem S.p.A.

Saipem SpA

Via Luigi Russolo, 5

20138, Milan

+39 02 44231

http://saipem.com
address Saipem S.p.A.(SPM)

Group companies: Saipem S.p.A.

NameCategory and Sector
Engineering & Construction
Engineering & Construction
Saipem Drilling LLC
See all subsidiaries

Other Oil Related Services and Equipment

Change 5d. change 1-year change 3-years change Capi.($)
-1.15%-4.59%-9.38%+130.61% 5.35B
-2.21%+2.57%-4.01%-19.65% 58.94B
-1.26%-4.76%+10.70%+66.47% 46.24B
-1.72%+0.60%-0.93%-16.56% 24.09B
-0.22%+0.65%+50.00%+304.90% 18.74B
-1.50%+1.36%+8.61%-18.01% 5.98B
-1.07%+5.12%+2.95%+94.25% 5.76B
-0.52%-1.03%-6.34%+22.68% 5.53B
+4.26%-6.48%+299.38%+823.74% 5.63B
-2.97%-.--%-11.40%-7.46% 4.94B
Average -0.84%-0.53%+33.96%+138.10% 18.12B
Weighted average by Cap. -1.37%-0.35%+15.38%+72.25%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
2.328EUR
Average target price
3.099EUR
Spread / Average Target
+33.14%
Consensus

Quarterly revenue - Rate of surprise

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