Home » Saipem reveals the accounts: negative EBITDA for 1.1 billion and revenues down 6.4%. No further impact from the backlog review

Saipem reveals the accounts: negative EBITDA for 1.1 billion and revenues down 6.4%. No further impact from the backlog review

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Saipem reveals the accounts: negative EBITDA for 1.1 billion and revenues down 6.4%.  No further impact from the backlog review

Saipem draws a first line after the profit warning launched at the end of January and discloses to the financial community the data for the 2021 pre-balance sheet strongly impacted by the last earthquake following the revision of the backlog. Thus the company led by Francesco Caio archived the results, recording a negative adjusted consolidated operating EBITDA of 1.19 billion euros, impacted by the difficulties encountered on specific orders in offshore wind and onshore E&C and emerged in the backlog …

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