Business
Italy's Saipem posts preliminary 2025 net profit, proposes dividend
Italy's Saipem posts preliminary 2025 net profit, proposes dividend
About this update from Saipem S.p.a.
OverviewItaly energy infrastructure builder's preliminary 2025 net profit was EUR 310 mlnFull-year revenue reached EUR 15.5 bln, EBITDA EUR 1.7 blnBoard proposed a EUR 0.17 per share dividend for 2025OutlookCompany did not provide specific guidance for future quarters or the full year in its press releaseResult DriversFAILED ACQUISITION IMPACT - Co said the failed agreement to acquire the Deep Value Driller unit improved its net financial position as of Dec. 31, 2025Company press release: Key DetailsMetricFY Net IncomeBeat/MissActualEUR 310 mlnConsensus EstimateAnalyst CoverageThe current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"The average consensus recommendation for the oil related services and equipment peer group is "buy"Wall Street's median 12-month price target for Saipem SpA is €3.80, about 11.9% above its March 9 closing price of €3.40The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 9 three months agoFor questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .