Italy's Saipem posts preliminary 2025 net profit, proposes dividend

Saipem SpA

10/03/2026 18:04

Overview

Italy energy infrastructure builder's preliminary 2025 net profit was EUR 310 mln

Full-year revenue reached EUR 15.5 bln, EBITDA EUR 1.7 bln

Board proposed a EUR 0.17 per share dividend for 2025

Outlook

Company did not provide specific guidance for future quarters or the full year in its press release

Result Drivers

FAILED ACQUISITION IMPACT - Co said the failed agreement to acquire the Deep Value Driller unit improved its net financial position as of Dec. 31, 2025

Company press release: ID:nBIA6V6rvM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
EUR 310 mln


Analyst Coverage

The 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 €3.40

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 9 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)