Report
Saipem : Pick-up to be confirmed in the long term
After issuing a major profits warning early in the year, Saipem won financial backing from its banks and top shareholders, which helped to turn its finances around. The group released a healthy set of H1 2022 figures in an enabling environment. Moving forward, the new management team will need to implement the strategic plan smoothly, and particularly the order book, for the group to return to pre-crisis levels of profitability and credit metrics. - - - - - - - - - > - ...
Underlying
SAIPEM S.P.A.
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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