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:
FLSmidth & Company A/S
sales of 18.75 billion Danish Kroner [US$2.77 billion]
of which 56%
(38.29 billion Swedish Kronor [US$3.95 billion]
of which 74%
was Equipment & Service), and
based in Finland
(3.17 billion Euro [US$3.50 billion]
of which 77%
During the year ended December of 2018, sales at
Saipem SpA were 8.54 billion Euro (US$9.41 billion).
decrease of 5.3%
versus 2017, when the company's sales were 9.02 billion Euro.
Contributing to the drop in overall sales was the 20.2% decline
in Offshore Drilling, from 1.04 billion Euro to 828.00 million Euro.
There were also decreases in sales in
Onshore Construction (down 16.5% to 3.09 billion Euro)
However, these declines were partially offset by the increase in sales of
Offshore Construction (up 5.8% to 5.21 billion Euro)
Floaters (up 10.7% to 1.27 billion Euro)
Onshore Drilling (up 0.2% to 599.00 million Euro)