Craft

Saipem

Stock Price

€1.9

2024-09-26

Market Capitalization

€4.1 B

2024-08-26

Revenue

€12 B

FY, 2023

Saipem Summary

Company Summary

Overview
Saipem is a company that provides engineering and construction of offshore and onshore projects for the energy and infrastructure sectors. It offers subsea fields and pipelaying development, offshore structure installation, engineering, maintenance, decommissioning, and other services.
Type
Public
Status
Active
Founded
1957
HQ
Milano, IT | view all locations
Website
https://www.saipem.com/en
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Alessandro Puliti

    Alessandro Puliti, Chief Executive Officer, Non-Independent Director

  • Silvia Merlo

    Silvia Merlo, Chairman of the Board, Independent Director

  • Marco Toninelli

    Marco Toninelli, Chief Operating Officer, Asset Based Services

  • Marco Satta

    Marco Satta, Corporate HSE Director

Operating MetricsView all

New Contracts Volume

€4.4B
9.0%

H1, 2021

Backlog

€23.6B
6.1%

H1, 2021

Offshore Wells

72
28.7%

FY, 2020

LocationsView all

74 locations detected

  • Milano, Lombardia HQ

    Italy

    Via Luigi Russolo, 5

  • Houston, TX

    United States

    15950 Park Row

  • Algiers, Algiers Province

    Algeria

    Zehir Center-11 Chemin Doudou Mokhtar, BP 375 Ben Aknoun

  • Luanda, Luanda

    Angola

    Rua Rodrigo Miranda Henriques, 17 - Bairro Maculusso

  • Luanda, Luanda

    Angola

    Via AO1 S/N – Talatona Condominio Belas Business Park Edificio Namibe, 5.º Andar

  • Talatona, Luanda Province

    Angola

    Condomínio Belas Business Park - Edifício Namibe, 1º andar - Via S01

and 68 others

Saipem Financials

Summary Financials

Revenue (FY, 2023)
€12.0B
Gross profit (FY, 2023)
€3.8B
Net income (FY, 2023)
€179.0M
Cash (FY, 2023)
€2.1B
EBIT (FY, 2023)
€475.0M
Enterprise value
$4.3B

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