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24 May 2019 The on-line newspaper devoted to the world of transports 00:51 GMT+2



February 28, 2019

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Original news
Preliminary budget 2018 of Saipem shows a net loss of -472 million euros

Last year the new orders have grown of +18.3%

The preconsuntivi results of the exercise anniversary 2018 of the Saipem show revenues pairs to 8.526 million euros, down of the -5,3% regarding 8.999 million euros in 2017. The EBITDA is piled to 848 million euros (- the 1.6%) and operating profit to 37 million euros (- 70.6%). Saipem, that it is 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 closed the 2018 with a net loss of -472 million euros respect to a net loss of -328 million euros in the exercise anniversary precedence. The company has specified that on the result clearly of the 2018 they weigh total devaluations and burdens for reorganization for 497 million euros, while the loss of exercise of -328 million euros of 2017 is to clearly of devaluations, burdens for reorganization and closing fiscal litigation for 374 million euros.

Last year Saipem has acquired new orders for a total of 8.753 million euros, with an increase of +18.3% on 2017. Al 31 last December the pocketbook orders had a value of 12.619 million euros regarding 12.392 million euros on December 31, 2017.



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