Report
Baptiste Lebacq

Saipem : Un peu de patience

>Opinion Sous-performance maintenue - Le groupe a présenté hier ses résultats définitifs 2022 (il avait communiqué les principaux éléments fin février) et surtout les modalités de son refinancement qui se fera via une augmentation de capital, opération qui est garantie par ses actionnaires et les banques. Nous conservons notre recommandation Sous-performance sur le titre et avons intégré les premiers éléments de ce refinancement. A ce stade de ce nouveau super-cycle ...
Underlying
Saipem S.p.A.

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.

Provider
Oddo BHF
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.

Analysts
Baptiste Lebacq

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