Saipem S.p.a.MIL: SPM

SPM: Q3 2025 saw record EBITDA, strong cash flow, and a fully booked fleet for 2026

· Issued by Saipem S.p.a.

Strong revenue and EBITDA growth continued in Q3 2025, with robust cash flow and a fully booked construction fleet for 2026. Backlog and commercial pipeline provide high visibility, while guidance for 2025 is confirmed and lease liabilities are expected to plateau.

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