Saipem S.p.a.MIL: SPM

SPM: Strong revenue, cash flow, and backlog underpin robust 2025 outlook and guidance

· Issued by Saipem S.p.a.

Revenue and EBITDA grew strongly in 1Q 2025, with net cash position and backlog at record highs. Robust order intake, strong cash flow, and a fully booked fleet support confirmed 2025 guidance and excellent visibility into 2026.

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