Saipem


Saipem Q3: Solid execution, but D&A and working capital weigh on cash

23/10/25 -"Saipem’s Q3 results confirmed solid execution and margin improvement, but earnings were diluted by higher amortisation and a temporary cash drag from working capital. "

Pages
56
Language
English
Published on
23/10/25
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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