BIT:SPMEnergy Services
Will Strong Q3 Results and Offshore Deals Shift Saipem's (BIT:SPM) Long-Term Growth Narrative?
Saipem announced its third quarter 2025 results, reporting sales of €3.77 billion and net income of €81 million, with nine-month figures showing higher sales and net income compared to the previous year.
Alongside the earnings release, Saipem's CEO highlighted progress on offshore technology, continued cooperation with Fincantieri, and pending feedback on €13 billion in bids as the company approaches a key phase in the offshore drilling market.
We'll examine how Saipem's growth in order...