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:
Weir Group PLC
of UNITED KINGDOM
sales of £2.66 billion [US$3.39 billion]
of which 56%
(40.85 billion Swedish Kronor [US$4.53 billion]
of which 73%
was Equipment & Service), and
FLSmidth & Company A/S
based in DENMARK
(20.65 billion Danish Kroner [US$3.23 billion]
of which 59%
During the year ended December of 2019, sales at
Saipem SpA were 9.11 billion Euro (US$10.62 billion).
increase of 6.7%
versus 2018, when the company's sales were 8.54 billion Euro.
Sales of Onshore Construction saw an increase
that was more than double the company's growth rate: sales were up
50.4% in 2019, from
3.09 billion Euro to 4.64 billion Euro.
Saipem SpA also saw significant increases in sales in
Offshore Drilling (up 9.3% to 905.00 million Euro)
Not all segments of Saipem SpA experienced an increase in sales in 2019:
sales of Offshore Construction fell 1.6% to 5.13 billion Euro.