Independent journal on economy and transport policy
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Saipem records a bending of the results and the new orders
In the third trimester the clearly rectified profit has been attested to 59 million euros (- 1.7%)
October 24, 2017
In the third trimester of this Saipem year, society between the world leaders in the services of perforation, engineering, supplying, construction and installation of conducts and great systems in the field oil & gas to sea and earth, has totaled orders pairs to 2,28 billion euros, with a decrease of the -12,5% regarding 2,61 billion in the period July-september of 2016. The operating result is piled to 133 million euros respect to a sign result negative for -1,74 billion in the third trimester last year. The rectified operating result has been of 140 million euros regarding 155 million in the third trimester of 2016. The profit clearly has attested to 53 million euros (59 million the result clearly adjusted) respect to a net loss of -1,98 billion euros in the quarter July-september last year (the result adjusted era of positive sign and pairs to 60 million).
In the third trimester of the 2017 Italian company it has obtained new orders for 2,63 billion euros, with a decrease of the -20,3% on the same period of 2016.
In the first nine months of this year the revenues have been pairs to 6,87 billion euros, with a bending of the -12,8% on the period January-september of 2016. The operating result has been of positive sign and pairs to 257 million respect to an operating result of sign negative for -1,50 billion in the first nine months last year. The operating profit adjusted is piled to 400 million (- 16.5%). Saipem has closed the first nine months of 2017 with a net loss of -57 million euros (that it discounts extraordinary voices constituted by a devaluation of asset for 97 million, burdens deriving from the definition of fiscal controversies for 79 million and clean burdens from reorganization for 32 million) respect to a net loss of -1,92 billion euros (that discounted extraordinary voices constituted by a devaluation of asset for 1,98 billion and a devaluation credits Onshore Drilling for 144 million) in the correspondent period of 2016. The result clearly adjusted has been of positive sign and pairs to 151 million euros (- 24.5%).
In the first nine months of this year the new orders have been pairs to 4,72 billion euros (- 28.8%).
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In the third trimester of this Saipem year, society between the world leaders in the services of perforation, engineering, supplying, construction and installation of conducts and great systems in the field oil & gas to sea and earth, has totaled orders pairs to 2,28 billion euros, with a decrease of the -12,5% regarding 2,61 billion in the period July-september of 2016. The operating result is piled to 133 million euros respect to a sign result negative for -1,74 billion in the third trimester last year. The rectified operating result has been of 140 million euros regarding 155 million in the third trimester of 2016. The profit clearly has attested to 53 million euros (59 million the result clearly adjusted) respect to a net loss of -1,98 billion euros in the quarter July-september last year (the result adjusted era of positive sign and pairs to 60 million).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
