Saipem SpA

Milan Stock Exchange SPM.MI

Saipem SpA Gross Profit for the year ending December 31, 2023: USD 2.42 B

Saipem SpA Gross Profit is USD 2.42 B for the year ending December 31, 2023, a 32.57% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Saipem SpA Gross Profit for the year ending December 31, 2022 was USD 1.82 B, a 430.42% change year over year.
  • Saipem SpA Gross Profit for the year ending December 31, 2021 was USD -552.10 M, a -132.19% change year over year.
  • Saipem SpA Gross Profit for the year ending December 31, 2020 was USD 1.72 B, a -31.89% change year over year.
  • Saipem SpA Gross Profit for the year ending December 31, 2019 was USD 2.52 B, a 12.72% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Milan Stock Exchange: SPM.MI

Saipem SpA

CEO Mr. Alessandro Puliti
IPO Date Feb. 2, 1987
Location Italy
Headquarters Via Martiri di Cefalonia 67
Employees 30,000
Sector Energy
Industries
Description

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers engineering, construction, installation of platforms, pipelines, subsea fields, maintenance, modification, operation, and decommissioning activities, as well as develops marine wind farms and energy integration projects. The company also designs onshore project in the LNG and regasification, refining, petrochemical, fertilizers, pipelines, gas, oil processing stations, floaters, renewables, biotechnologies, CO2 capture, transportation, storage, and hydrogen production and transportation. In addition, the company provides procurement, project management, construction, and engineering integrated services for the energy industry markets and public infrastructures, as well as offshore and onshore drilling services on all types of rigs and in all geographical areas. As of December 31, 2021, its offshore drilling fleet consisted of twelve vessels, including six ultra-deep-water units, five high specification jack-ups, and one standard jack-ups. The company also operates 9 fabrication yards and a sea fleet of 41 vessels; and onshore drilling fleet comprised 84 units. Saipem S.p.A. is headquartered in Milan, Italy.

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StockViz Staff

January 15, 2025

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