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 2.98 billion Euro [US$3.19 billion]
of which 74%
FLSmidth & Company A/S
(19.68 billion Danish Kroner [US$2.84 billion]
of which 37%
was Customer Services), and
SBM Offshore NV
based in the Netherlands
(2.45 billion Euro [US$2.63 billion]
of which 92%
During the year ended December of 2015, sales at
Saipem SpA were 11.52 billion Euro (US$12.35 billion).
decrease of 10.6%
versus 2014, when the company's sales were 12.89 billion Euro.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Saipem SpA had sales
of 11.53 billion Euro.
Contributing to the drop in overall sales was the 30.0% decline
in Onshore Construction, from 4.70 billion Euro to 3.29 billion Euro.
There were also decreases in sales in
Offshore Construction (down 0.2% to 9.28 billion Euro)
Offshore Drilling (down 7.7% to 1.49 billion Euro)
However, these declines were partially offset by the increase in sales of
Onshore Drilling (up 6.4% to 959.00 million Euro)