Business
SPM: Q1 2026 delivered higher EBITDA and improved cash, with strong backlog and confirmed 2026 outlook
SPM: Q1 2026 delivered higher EBITDA and improved cash, with strong backlog and confirmed 2026 outlook
About this update from Saipem S.p.a.
Q1 2026 saw stable revenue and a 24% rise in EBITDA, with improved cash flow and financial position. Backlog remains strong at €29.6 billion, and 2026 guidance is confirmed, though risks from geopolitical events and logistics disruptions persist.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.