Independent journal on economy and transport policy
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Saipem clearly has archived item the third trimester with a profit of 101 million euros (- 59.6%)
Stable the volume of transactions
October 28, 2013
The Saipem Italian clearly has archived item the third trimester of this year with a result of 101 million euros on revenues for beyond 3,5 billion euros, with bendings respective of the -59,6% and the -0,8% on the correspondent trimester of 2012. The EBIT is piled to 209 million euros (- 48.3%).
In the first nine months of the 2013 company January-september of the scors has regirato a net loss of -474 million euros respect to a profit clearly of 724 million euros in the period oanno. The revenues are diminished of the -12,4% coming down to 8,7 billion euros. The EBIT has been of sign negative for -259 million euros respect to an operating profit almost 1,2 billion euros in the first nine months of 2012.
"Saipem - the managing director of the society has commented, Umberto Vergine - has recorded a return to positive results in the third trimester. I am satisfied that our efforts of improvement of the operating performance are carrying of the results also in the commercial relationship with our customers. Through new contracts which won from January 2013 we are reconstructing a pocketbook with margins more elevated and continue to see positive perspectives of market although the tempistica of acquisition of new orders remains in some cases uncertain".
Sul forehead of contracts, in the third trimester of the 2013 Saipem has acquired new orders for a total of 1,4 billion euros regarding 2,8 billion euros in the correspondent period of 2012. The pocketbook orders of the Saipem group on September 30, 2013 has attested to 19,5 billion euros (9,7 billion euros in the Engineering & Offshore Construction, 5,5 billion in the Engineering & Construction Onshore, 4,3 billion in the Drilling), of which 2,6 billion euros to come true in 2013. Moreover in October the 2013 company has acquired new contracts for a total of about 1,2 billion euros, of which about 600 million they are relative to Offshore activity E&C and about 600 million to the Drilling activity.
Saipem previews to close the entire exercise anniversary 2013 with revenues for about 12,5 billion euros (13,4 billion in exercise 2012), a EBIT in balance (1,5 billion in a 2012) and net loss of about -300/350 million euros (useful of 902 million in 2012).
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The Saipem Italian clearly has archived item the third trimester of this year with a result of 101 million euros on revenues for beyond 3,5 billion euros, with bendings respective of the -59,6% and the -0,8% on the correspondent trimester of 2012. The EBIT is piled to 209 million euros (- 48.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
