Independent journal on economy and transport policy
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Saipem has closed the first trimester of this year with a net loss of -2 million euros
The revenues are diminished of -15,4%
April 24, 2018
The Saipem Italian, than work services of perforation, engineering, supplying, construction and installation of conducts and great systems in the field oil & gas to sea and earth, has closed the first trimester of this year with a net loss of -2 million euros, to clearly of burdens for reorganization for 13 million euros, respect to a profit clearly of 47 million euros in the first three months of 2017, to clearly of burdens for reorganization for seven million euro. The revenues are diminished of the -15,4% coming down to 1,91 billion euros. The EBITDA adjusted has turned out pairs to 214 million euros (- 16.4%) and the operating profit to 87 million euros (- 22.3%).
In the first trimester of the 2018 company it last year has acquired new orders for 1,02 billion euros regarding 509 million euros in the correspondent period. The value of the residual pocketbook orders on 31 March era of 11,50 billion euros (4,04 billion in the Engineering & Offshore Construction, 5,85 billion in the Engineering & Construction Onshore, 856 million in the Offshore Drilling and 758 million in the Drilling Onshore) regarding 12,39 billion on December 31, 2017 and to 12,46 billion on March 31, 2017.
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The Saipem Italian, than work services of perforation, engineering, supplying, construction and installation of conducts and great systems in the field oil & gas to sea and earth, has closed the first trimester of this year with a net loss of -2 million euros, to clearly of burdens for reorganization for 13 million euros, respect to a profit clearly of 47 million euros in the first three months of 2017, to clearly of burdens for reorganization for seven million euro. The revenues are diminished of the -15,4% coming down to 1,91 billion euros. The EBITDA adjusted has turned out pairs to 214 million euros (- 16.4%) and the operating profit to 87 million euros (- 22.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
