Company Profile
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 (94%): 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%).
Net sales are distributed geographically as follows: Italy (4.4%), Europe (11.3%), Middle East (29%), Sub-Saharan Africa (26.5%), Far East (11.6%), Americas (8.8%), CIS (7%) and North Africa (1.4%).
- engineering, construction and installation services (94%): 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%).
Net sales are distributed geographically as follows: Italy (4.4%), Europe (11.3%), Middle East (29%), Sub-Saharan Africa (26.5%), Far East (11.6%), Americas (8.8%), CIS (7%) and North Africa (1.4%).
Source: Cofisem - Last Update: 2023-08-31
Key Executives
| Chief Executive Officer | Alessandro Puliti |
| Chief Technology Officer | Filippo Abbà |
| Chief Human Resources Officer | Massimiliano Branchi |
| Chief Financial Officer | Paolo Calcagnini |
| Chief Communication Officer | Rossella Carrara |
| General Counsel | Simone Chini |
Source: Cofisem - Last Update: 2023-05-22
Key Figures
| Millenium | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Net sales | 10,457,000 | 6,875,000 | 7,342,000 | 9,099,000 | 8,526,000 |
| Income from ordinary activities | 10,468,000 | 6,880,000 | 7,408,000 | 9,118,000 | 8,538,000 |
| Operating income | 110,000 | -2,266,000 | -845,000 | 456,000 | 37,000 |
| Cost of financial indebtedness net | 133,000 | 112,000 | 132,000 | 114,000 | 89,000 |
| Equity-accounted companies contribution to income | -65,000 | 9,000 | 37,000 | -18,000 | -87,000 |
| Net profit from discontinued activities | 119,000 | 0 | |||
| Net income | -209,000 | -2,467,000 | -1,117,000 | 98,000 | -410,000 |
| Net income (Group share) | -209,000 | -2,467,000 | -1,136,000 | 12,000 | -472,000 |
| Fiscal year end | 12.22 | 12.21 | 12.2 | 12.19 | 12.18 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards |
Source: Cofisem - Last Update: 2023-08-31
Shareholder information
| Other shareholders | 55.97 % |
| Eni S.p.A | 31.19 % |
| CDP Equity S.p.A. | 12.82 % |
| Group-owned stock | 0.02 % |
Source: Cofisem - Last Update: 2023-08-31
Address
Saipem S.p.A.
Via Luigi Russolo 5
IT-20138 Milano, Lombardia
Italy
Phone number: +39 0244231
Fax: +39 0244244415
https://www.saipem.com/
Source: Cofisem - Last Update: 2023-08-31
Contact
Massimiliano Cominelli
investor.relations@saipem.com
investor.relations@saipem.com
Source: Saipem S.p.A. - Last Update: 2023-08-31
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