Company Profile

Saipem S.p.A.

SPM · MI
Exchange
MI
Current Price
4.4
Jul 4, 2026 close
Fair Buy
≤ €3.9
Margin-of-safety entry
Baillie Growth Score
39/100
Weak
Intrinsic Value · Three-Tier Range Current price €4.4 · Within the fair intrinsic-value range

Composite valuation range · conservative €3.5–€3.9 / fair €4.2–€4.9 / optimistic €5.4–€6. At €4.4, Within the fair intrinsic-value range.

Jul 2, 2026 Contract Confirmed

JV with Itinera, Saipem and ICM wins Romania A8 motorway Lot 4 contract

A JV including Saipem won Romania's A8 motorway Lot 4 contract worth about €700 million; Saipem's share is about €245 million.

Possible impact:May affect expectations for Saipem's infrastructure backlog and European business expansion.

Jun 24, 2026 M&A Confirmed

Saipem signs binding agreement to sell Saudi shallow-water drilling activities to ADES

Saipem signed a binding agreement to sell its Saudi shallow-water drilling activities to ADES for $285 million, with closing expected in Q3 2026.

Possible impact:May affect expectations for portfolio focus, cash proceeds and valuation of drilling assets.

Jun 22, 2026 Contract Confirmed

Saipem wins $1 billion offshore contract from Azule Energy for Greater PAJ project

Saipem won a $1 billion offshore contract from Azule Energy for the Greater PAJ project offshore Angola, with an around 40-month duration.

Possible impact:May affect expectations for offshore orders, Angola deepwater execution and revenue visibility.

Jun 10, 2026 Contract Confirmed

Saipem awarded new onshore contract in Saudi Arabia

Saipem's Saudi joint company won an EPC contract for the Uthmaniyah Gas Compression Plant; Saipem's share is about €900 million.

Possible impact:May affect expectations for Middle East onshore EPC backlog and Saudi energy infrastructure exposure.

Apr 21, 2026 Earnings Confirmed

Saipem reports first-quarter 2026 results and confirms 2026 guidance

Saipem reported Q1 revenue of €3.528 billion, adjusted EBITDA up 23.6% to €434 million, and confirmed 2026 guidance.

Possible impact:May affect expectations for margin improvement, cash generation and delivery against full-year guidance.

Automatically summarized from public sources; for context only, not investment advice.

Company overview coming soon.

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Industry position

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