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 1.67 billion Euro [US$2.05 billion]
(2.71 billion Euro [US$3.32 billion]
of which 76%
was Minerals), and
FLSmidth & Company A/S
based in Denmark
(18.00 billion Danish Kroner [US$2.96 billion]
of which 37%
was Customer Services).
During the year ended December of 2017, sales at
Saipem SpA were 9.02 billion Euro (US$11.06 billion).
decrease of 9.9%
versus 2016, when the company's sales were 10.01 billion Euro.
Contributing to the drop in overall sales was the 37.0% decline
in Offshore Construction, from 7.82 billion Euro to 4.93 billion Euro.
There were also decreases in sales in
Offshore Drilling (down 20.7% to 1.04 billion Euro)
Onshore Drilling (down 9.5% to 598.00 million Euro)
However, these declines were partially offset by the increase in sales of
Onshore Construction (up 16.1% to 3.70 billion Euro)