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    SPM   IT0005252140

SAIPEM S.P.A.

(SPM)
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Re-nationalised Alitalia appoints Fabio Lazzerini as CEO

11/20/2020 | 01:28pm EDT
FILE PHOTO: Alitalia planes at Leonardo da Vinci-Fiumicino Airport in Rome

ROME (Reuters) - ITA said on Friday it appointed Fabio Lazzerini as its chief executive as the new company set up for the re-nationalisation of struggling carrier Alitalia held its first board meeting.

Rome regained control of the loss-making carrier after 11 years of troubled private management and two failed restructuring attempts.

Chairman Francesco Caio was handed responsibility for audit, compliance and legal affairs. The board gave him and the CEO a mandate to form two separate units, for ground handling operations and maintenance.

"Today we enter the operative phase of ITA ... with the ambitious goal of creating a successful airline for the country," Lazzerini said in a statement.

(Reporting by Giulia Segreti; editing by Valentina Za)


© Reuters 2020
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Financials
Sales 2021 7 415 M 8 830 M 8 830 M
Net income 2021 -276 M -329 M -329 M
Net Debt 2021 1 549 M 1 844 M 1 844 M
P/E ratio 2021 -7,65x
Yield 2021 0,09%
Capitalization 2 139 M 2 549 M 2 548 M
EV / Sales 2021 0,50x
EV / Sales 2022 0,39x
Nbr of Employees 32 000
Free-Float 54,2%
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Technical analysis trends SAIPEM S.P.A.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 2,19 €
Last Close Price 2,15 €
Spread / Highest target 74,2%
Spread / Average Target 1,85%
Spread / Lowest Target -62,8%
EPS Revisions
Managers and Directors
NameTitle
Francesco Caio Chief Executive Officer, Director & GM
Antonio Paccioretti CFO & Manager-Financial Reporting
Silvia Merlo Chairman
Paul Simon Schapira Independent Non-Executive Director
Roberto Diacetti Independent Non-Executive Director
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