View ValuationSaipem 将来の成長Future 基準チェック /36Saipem利益と収益がそれぞれ年間17.3%と0.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に20.7% 16.4%なると予測されています。主要情報17.3%収益成長率16.40%EPS成長率Energy Services 収益成長24.0%収益成長率0.3%将来の株主資本利益率20.71%アナリストカバレッジGood最終更新日01 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive & Independent Director Monica Girardi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 04Saipem SpA, Annual General Meeting, May 12, 2026Saipem SpA, Annual General Meeting, May 12, 2026, at 11:00 W. Europe Standard Time.お知らせ • Jan 10+ 4 more updatesSaipem SpA to Report Q2, 2026 Results on Jul 27, 2026Saipem SpA announced that they will report Q2, 2026 results on Jul 27, 2026お知らせ • Mar 13Saipem SpA, Annual General Meeting, May 08, 2025Saipem SpA, Annual General Meeting, May 08, 2025, at 11:00 W. Europe Standard Time.お知らせ • Feb 24Saipem SpA (BIT:SPM) signed a agreement in principle to acquire Subsea 7 S.A. (OB:SUBC) from Siem Industries S.A. (OTCPK:SEMU.F) and others for €4.6 billion.Saipem SpA (BIT:SPM) signed a agreement in principle to acquire Subsea 7 S.A. (OB:SUBC) from Siem Industries S.A. (OTCPK:SEMU.F) and others for €4.6 billion on February 23, 2025. Subsea7 shareholders will receive 6.688 Saipem shares for each Subsea7 share held. Subsea7 will distribute an extraordinary dividend for an amount equal to €450 million immediately prior to completion. Transaction expected to deliver material value creation for the shareholders of both Saipem and Subsea7. Annual synergies of approximately €300 million are expected to be achieved in the third year after completion, with one-off costs to achieve such synergies of approximately €270 million. The combination of Saipem and Subsea7 (the “Combined Company”) will be renamed Saipem7, and will have a combined backlog of €43 billion, Revenue of approx. €20 billion and EBITDA in excess of €2 billion. As part of this, it is intended that the Combined Company’s Chairman will be designated by Siem Industries and that the Combined Company’s CEO will be designated by CDP Equity and Eni. Siem Industries (being the largest shareholder of Subsea7) would then own approximately 11.9% of the Combined Company’s capital, while Eni and CDP Equity (being the largest shareholders of Saipem) would own approximately 10.6% and approximately 6.4%, respectively. Assuming all Subsea7 shareholders participate in the merger, the share capital of the Combined Company will be held 50-50% by the current shareholders of Saipem and Subsea7. The entering into and signing of binding definitive documents in mid-2025 in respect of the Proposed Combination is conditional, inter alia, on the successful completion of confirmatory due diligence by the parties, the execution of a mutually satisfactory merger agreement and the approval of the final terms of the Proposed Combination by the Board of Directors of Saipem and Subsea7. The parties will also engage with the relevant works council consultations required by the applicable laws. Moreover, completion of the Proposed Combination will be subject to customary conditions precedent for a transaction of this nature, including, inter alia, approval by the shareholders’ meetings of both Saipem and Subsea7, the former to be also passed with the so-called whitewash majorities for the purposes of the mandatory takeover bid exemption13 , and obtaining the required Italian government approval and customary regulatory clearances. The MoU also provides for termination rights for each of Saipem and Subsea7. Completion anticipated to occur in the second half of 2026. Goldman Sachs International is acting as lead financial advisor to Saipem, and Deutsche Bank AG, Milan Branch as financial advisor to Saipem. Clifford Chance LLP is serving as global legal counsel to Saipem in particular as to matters of Italian, English, US and Luxembourg law, while Advokatfirmaet Thommessen AS is serving as legal counsel to Saipem as to matters of Norwegian law. Kirk Lovegrove & Company Limited is acting as lead financial advisor and Deloitte LLP is acting as financial advisor to Subsea7. Freshfields LLP is serving as global legal counsel to Subsea7 (including as to matters of Italian, US and English Law), while Elvinger Hoss Prussen S.A. and Advokatfirmaet Wiersholm AS are serving as legal counsels as to matters of Luxembourg and Norwegian law, respectively.お知らせ • Jan 15+ 1 more updateSaipem SpA to Report Q3, 2025 Results on Oct 22, 2025Saipem SpA announced that they will report Q3, 2025 results on Oct 22, 2025お知らせ • Jan 14+ 2 more updatesSaipem SpA to Report Fiscal Year 2024 Results on Feb 25, 2025Saipem SpA announced that they will report fiscal year 2024 results on Feb 25, 2025お知らせ • Jan 24Saipem SpA (BIT:SPM) commences an Equity Buyback Plan for 37,000,000 shares, representing 1.85% for €59.3 million, under the authorization approved on May 3, 2023.Saipem S.p.A. (BIT:SPM) commences share repurchases on January 16, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 3, 2023. As per the mandate, the company is authorized to repurchase up to 37,000,000 shares, representing 1.85% of its issued share capital, for total worth of €59.3 million. The price to be paid for repurchase should not be more or less than 5% of the reference price of shares recorded on the computerized trading market on the day prior to the buyback. The purpose of the share repurchases is to cover the 2023 allocation of the 2023-2025 Long Term Incentive Plan. The program is valid for 18 months. As of March 23, 2023, the company had 1,995,142,495 shares outstanding and 415,237 shares in treasury.お知らせ • Jan 17+ 5 more updatesSaipem SpA to Report Fiscal Year 2023 Results on Feb 28, 2024Saipem SpA announced that they will report fiscal year 2023 results on Feb 28, 2024お知らせ • Nov 23BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).BW Energy Limited (OB:BWE) has signed an agreement to acquire FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM) for $73 million on June 24, 2022. BW Energy will pay Saipem $73 million in fixed consideration for the FPSO of which $25 million is due at closing, $13 million due at FPSO takeover and $35 million paid in 18 monthly instalments following the takeover. The transaction is subject to fulfilment or waiver of conditions precedents with an expected closing and takeover of the FPSO in the first quarter of 2023. As of March 16, 2023, the transaction is expected to close in Q2, 2023.BW Energy Limited (OB:BWE) completed the acquisition of FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM) on November 21, 2023.New Risk • Oct 28New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€275m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-€275m).Board Change • Aug 03High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Jul 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€407m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-€407m).Board Change • Jul 30High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Dec 24Saipem SpA, Annual General Meeting, May 03, 2023Saipem SpA, Annual General Meeting, May 03, 2023. Agenda: To consider the approval of the financial statements of Saipem S.p.A. at December 31, 2022; and to consider the appointment of the Board of Statutory Auditors.お知らせ • Dec 23+ 4 more updatesSaipem SpA to Report Q3, 2023 Results on Oct 25, 2023Saipem SpA announced that they will report Q3, 2023 results on Oct 25, 2023Board Change • Jul 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • May 17High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 28High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 28Full year 2021 earnings released: €1.93 loss per share (vs €1.15 loss in FY 2020)Full year 2021 results: €1.93 loss per share (down from €1.15 loss in FY 2020). Revenue: €6.88b (down 6.4% from FY 2020). Net loss: €1.91b (loss widened 69% from FY 2020). Over the next year, revenue is forecast to grow 26%, compared to a 2.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.Board Change • Mar 28High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 31High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 11High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Dec 10High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 29Third quarter 2021 earnings released: €0.34 loss per share (vs €0.13 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €1.87b (up 9.4% from 3Q 2020). Net loss: €342.0m (loss widened 161% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.Board Change • Sep 09High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 10Second quarter 2021 earnings released: €0.66 loss per share (vs €0.62 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €1.58b (up 5.3% from 2Q 2020). Net loss: €659.0m (loss widened 7.0% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • May 01First quarter 2021 earnings released: €0.12 loss per share (vs €0.27 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.62b (down 26% from 1Q 2020). Net loss: €120.0m (loss narrowed 55% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 11Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 03Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 03Revenue beats expectationsRevenue exceeded analyst estimates by 0.002%. Over the next year, revenue is forecast to grow 15% compared to a 9.5% decline forecast for the Energy Services industry in the United Kingdom.Reported Earnings • Feb 27Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.002%. Over the next year, revenue is forecast to grow 18% compared to a 9.5% decline forecast for the Energy Services industry in the United Kingdom.Is New 90 Day High Low • Feb 10New 90-day high: €2.49The company is up 33% from its price of €1.87 on 11 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.33 per share.Is New 90 Day High Low • Dec 30New 90-day high: €2.21The company is up 56% from its price of €1.42 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.Is New 90 Day High Low • Dec 10New 90-day high: €2.20The company is up 35% from its price of €1.63 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.業績と収益の成長予測BATS-CHIXE:SPMm - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202815,4476421,1771,6431512/31/202715,8416111,1371,6071712/31/202615,6734641,0671,583173/31/202615,5133121,1981,501N/A12/31/202515,5033111,1401,504N/A9/30/202515,4013211,0361,383N/A6/30/202515,3463281,1181,448N/A3/31/202515,0203268851,235N/A12/31/202414,5493067241,061N/A9/30/202413,6483075791,101N/A6/30/202412,952263362899N/A3/31/202412,346242207704N/A12/31/202311,881185104586N/A9/30/202311,307-74-238307N/A6/30/202311,142-152-407169N/A3/31/202310,745-222-834-271N/A12/31/20229,987-315-1,000-477N/A9/30/20229,098-1,555-601-291N/A6/30/20227,677-1,790-637-428N/A3/31/20227,199-2,445-19086N/A12/31/20216,528-2,406-15690N/A9/30/20217,017-1,241N/AN/AN/A6/30/20216,767-99023273N/A3/31/20216,844-987-27456N/A12/31/20207,399-1,136-199123N/A9/30/20207,743-1,048182531N/A6/30/20208,255-887306702N/A3/31/20209,127-2787411,062N/A12/31/20199,09912N/A1,257N/A9/30/20199,234-71N/A935N/A6/30/20199,252-135N/A842N/A3/31/20198,777-449N/A712N/A12/31/20188,536-472N/A711N/A9/30/20188,181-628N/A566N/A6/30/20188,222-541N/A684N/A3/31/20188,665-377N/A684N/A12/31/20179,012-328N/A459N/A9/30/20178,997-219N/A700N/A6/30/20179,324-2,250N/A854N/A3/31/20179,429-2,101N/A938N/A12/31/201610,006-2,087N/A978N/A9/30/201610,955-1,865N/A1,085N/A6/30/201611,416167N/A532N/A3/31/201611,335-822N/A44N/A12/31/201511,515-806N/A-507N/A9/30/201511,856-1,308N/A-41N/A6/30/201512,294-1,286N/A296N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SPMmの予測収益成長率 (年間17.3% ) は 貯蓄率 ( 3.4% ) を上回っています。収益対市場: SPMmの収益 ( 17.3% ) はUK市場 ( 11.4% ) よりも速いペースで成長すると予測されています。高成長収益: SPMmの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SPMmの収益 ( 0.3% ) UK市場 ( 4.6% ) よりも低い成長が予測されています。高い収益成長: SPMmの収益 ( 0.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SPMmの 自己資本利益率 は、3年後には高くなると予測されています ( 20.7 %)成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/17 00:48終値2026/06/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Saipem SpA 17 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。42 アナリスト機関Francesco SalaBanca Akros S.p.A. (ESN)Francesco TaddeiBanca Akros S.p.A. (ESN)Michael PickupBarclays39 その他のアナリストを表示
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive & Independent Director Monica Girardi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 04Saipem SpA, Annual General Meeting, May 12, 2026Saipem SpA, Annual General Meeting, May 12, 2026, at 11:00 W. Europe Standard Time.
お知らせ • Jan 10+ 4 more updatesSaipem SpA to Report Q2, 2026 Results on Jul 27, 2026Saipem SpA announced that they will report Q2, 2026 results on Jul 27, 2026
お知らせ • Mar 13Saipem SpA, Annual General Meeting, May 08, 2025Saipem SpA, Annual General Meeting, May 08, 2025, at 11:00 W. Europe Standard Time.
お知らせ • Feb 24Saipem SpA (BIT:SPM) signed a agreement in principle to acquire Subsea 7 S.A. (OB:SUBC) from Siem Industries S.A. (OTCPK:SEMU.F) and others for €4.6 billion.Saipem SpA (BIT:SPM) signed a agreement in principle to acquire Subsea 7 S.A. (OB:SUBC) from Siem Industries S.A. (OTCPK:SEMU.F) and others for €4.6 billion on February 23, 2025. Subsea7 shareholders will receive 6.688 Saipem shares for each Subsea7 share held. Subsea7 will distribute an extraordinary dividend for an amount equal to €450 million immediately prior to completion. Transaction expected to deliver material value creation for the shareholders of both Saipem and Subsea7. Annual synergies of approximately €300 million are expected to be achieved in the third year after completion, with one-off costs to achieve such synergies of approximately €270 million. The combination of Saipem and Subsea7 (the “Combined Company”) will be renamed Saipem7, and will have a combined backlog of €43 billion, Revenue of approx. €20 billion and EBITDA in excess of €2 billion. As part of this, it is intended that the Combined Company’s Chairman will be designated by Siem Industries and that the Combined Company’s CEO will be designated by CDP Equity and Eni. Siem Industries (being the largest shareholder of Subsea7) would then own approximately 11.9% of the Combined Company’s capital, while Eni and CDP Equity (being the largest shareholders of Saipem) would own approximately 10.6% and approximately 6.4%, respectively. Assuming all Subsea7 shareholders participate in the merger, the share capital of the Combined Company will be held 50-50% by the current shareholders of Saipem and Subsea7. The entering into and signing of binding definitive documents in mid-2025 in respect of the Proposed Combination is conditional, inter alia, on the successful completion of confirmatory due diligence by the parties, the execution of a mutually satisfactory merger agreement and the approval of the final terms of the Proposed Combination by the Board of Directors of Saipem and Subsea7. The parties will also engage with the relevant works council consultations required by the applicable laws. Moreover, completion of the Proposed Combination will be subject to customary conditions precedent for a transaction of this nature, including, inter alia, approval by the shareholders’ meetings of both Saipem and Subsea7, the former to be also passed with the so-called whitewash majorities for the purposes of the mandatory takeover bid exemption13 , and obtaining the required Italian government approval and customary regulatory clearances. The MoU also provides for termination rights for each of Saipem and Subsea7. Completion anticipated to occur in the second half of 2026. Goldman Sachs International is acting as lead financial advisor to Saipem, and Deutsche Bank AG, Milan Branch as financial advisor to Saipem. Clifford Chance LLP is serving as global legal counsel to Saipem in particular as to matters of Italian, English, US and Luxembourg law, while Advokatfirmaet Thommessen AS is serving as legal counsel to Saipem as to matters of Norwegian law. Kirk Lovegrove & Company Limited is acting as lead financial advisor and Deloitte LLP is acting as financial advisor to Subsea7. Freshfields LLP is serving as global legal counsel to Subsea7 (including as to matters of Italian, US and English Law), while Elvinger Hoss Prussen S.A. and Advokatfirmaet Wiersholm AS are serving as legal counsels as to matters of Luxembourg and Norwegian law, respectively.
お知らせ • Jan 15+ 1 more updateSaipem SpA to Report Q3, 2025 Results on Oct 22, 2025Saipem SpA announced that they will report Q3, 2025 results on Oct 22, 2025
お知らせ • Jan 14+ 2 more updatesSaipem SpA to Report Fiscal Year 2024 Results on Feb 25, 2025Saipem SpA announced that they will report fiscal year 2024 results on Feb 25, 2025
お知らせ • Jan 24Saipem SpA (BIT:SPM) commences an Equity Buyback Plan for 37,000,000 shares, representing 1.85% for €59.3 million, under the authorization approved on May 3, 2023.Saipem S.p.A. (BIT:SPM) commences share repurchases on January 16, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 3, 2023. As per the mandate, the company is authorized to repurchase up to 37,000,000 shares, representing 1.85% of its issued share capital, for total worth of €59.3 million. The price to be paid for repurchase should not be more or less than 5% of the reference price of shares recorded on the computerized trading market on the day prior to the buyback. The purpose of the share repurchases is to cover the 2023 allocation of the 2023-2025 Long Term Incentive Plan. The program is valid for 18 months. As of March 23, 2023, the company had 1,995,142,495 shares outstanding and 415,237 shares in treasury.
お知らせ • Jan 17+ 5 more updatesSaipem SpA to Report Fiscal Year 2023 Results on Feb 28, 2024Saipem SpA announced that they will report fiscal year 2023 results on Feb 28, 2024
お知らせ • Nov 23BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).BW Energy Limited (OB:BWE) has signed an agreement to acquire FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM) for $73 million on June 24, 2022. BW Energy will pay Saipem $73 million in fixed consideration for the FPSO of which $25 million is due at closing, $13 million due at FPSO takeover and $35 million paid in 18 monthly instalments following the takeover. The transaction is subject to fulfilment or waiver of conditions precedents with an expected closing and takeover of the FPSO in the first quarter of 2023. As of March 16, 2023, the transaction is expected to close in Q2, 2023.BW Energy Limited (OB:BWE) completed the acquisition of FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM) on November 21, 2023.
New Risk • Oct 28New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€275m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-€275m).
Board Change • Aug 03High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Jul 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€407m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-€407m).
Board Change • Jul 30High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Dec 24Saipem SpA, Annual General Meeting, May 03, 2023Saipem SpA, Annual General Meeting, May 03, 2023. Agenda: To consider the approval of the financial statements of Saipem S.p.A. at December 31, 2022; and to consider the appointment of the Board of Statutory Auditors.
お知らせ • Dec 23+ 4 more updatesSaipem SpA to Report Q3, 2023 Results on Oct 25, 2023Saipem SpA announced that they will report Q3, 2023 results on Oct 25, 2023
Board Change • Jul 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • May 17High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 28High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 28Full year 2021 earnings released: €1.93 loss per share (vs €1.15 loss in FY 2020)Full year 2021 results: €1.93 loss per share (down from €1.15 loss in FY 2020). Revenue: €6.88b (down 6.4% from FY 2020). Net loss: €1.91b (loss widened 69% from FY 2020). Over the next year, revenue is forecast to grow 26%, compared to a 2.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.
Board Change • Mar 28High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 31High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 11High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Dec 10High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 29Third quarter 2021 earnings released: €0.34 loss per share (vs €0.13 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €1.87b (up 9.4% from 3Q 2020). Net loss: €342.0m (loss widened 161% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
Board Change • Sep 09High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Statutory Auditor Giulia De Martino is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 10Second quarter 2021 earnings released: €0.66 loss per share (vs €0.62 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €1.58b (up 5.3% from 2Q 2020). Net loss: €659.0m (loss widened 7.0% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 01First quarter 2021 earnings released: €0.12 loss per share (vs €0.27 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.62b (down 26% from 1Q 2020). Net loss: €120.0m (loss narrowed 55% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 11Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 03Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 03Revenue beats expectationsRevenue exceeded analyst estimates by 0.002%. Over the next year, revenue is forecast to grow 15% compared to a 9.5% decline forecast for the Energy Services industry in the United Kingdom.
Reported Earnings • Feb 27Full year 2020 earnings released: €1.14 loss per share (vs €0.012 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.35b (down 19% from FY 2019). Net loss: €1.14b (down €1.15b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.002%. Over the next year, revenue is forecast to grow 18% compared to a 9.5% decline forecast for the Energy Services industry in the United Kingdom.
Is New 90 Day High Low • Feb 10New 90-day high: €2.49The company is up 33% from its price of €1.87 on 11 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.33 per share.
Is New 90 Day High Low • Dec 30New 90-day high: €2.21The company is up 56% from its price of €1.42 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €2.20The company is up 35% from its price of €1.63 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.