Saipem : Preliminary results pending the presentation on 16 March
>EBITDA loss of € 1,192m for 2021 - This morning Saipem published preliminary results for 2021 (as a reminder, the group announced, at end-January, that it had encountered a number of difficulties on the contracts in its backlog notably in offshore wind and onshore E&C). Sales were € 6,875m (66.4% y-o-y) and EBITDA was negative at -€ 1,192m.Order intake was € 7.2bn (book-to-bill of 1.04) revealing a backlog of € 22.7bn (and € 24.6bn including unconsolidated ...Saipem is a global contractor with local presence in Africa, Central Asia, America, the Middle East and South East Asia. Co. provides engineering, procurement, construction and installation services; and engineering, procurement and construction services to the oil and gas industry, both onshore and offshore, with a focus on projects, including activities in remote areas, in deep waters and on projects that involve difficult gas or crude supplies.
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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