Saipem SpA operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saipem SpA with three other
construction and mining equipment manufacturers in Europe:
sales of 2.59 billion Euro [US$3.06 billion]
of which 76%
FLSmidth & Company A/S
(18.19 billion Danish Kroner [US$2.89 billion]
of which 36%
was Customer Services), and
SBM Offshore NV
based in the Netherlands
(2.06 billion Euro [US$2.43 billion]
of which 56%
was Lease and Operate).
During the year ended December of 2016, sales at
Saipem SpA were 10.01 billion Euro (US$11.83 billion).
decrease of 13.1%
versus 2015, when the company's sales were 11.52 billion Euro.
Contributing to the drop in overall sales was the 31.1% decline
in Onshore Drilling, from 959.00 million Euro to 661.00 million Euro.
There were also decreases in sales in
Offshore Construction (down 15.7% to 7.82 billion Euro)
Onshore Construction (down 3.2% to 3.18 billion Euro)
Offshore Drilling (down 12.2% to 1.31 billion Euro)