Business
SPM: Strong revenue, profit, and cash growth, record backlog, and robust dividend proposal
SPM: Strong revenue, profit, and cash growth, record backlog, and robust dividend proposal
About this update from Saipem S.p.a.
Revenue grew 23% to €14.5bn, EBITDA rose 44% to €1.3bn, and net profit reached €306m (+70%). Net cash improved to €683m, backlog hit €34.1bn, and a €332.7m dividend is proposed. KPMG issued unqualified audit opinions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.