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Company Profile
COMPANY
Auditing company *
ISIN
SAIPEM
Reconta Ernst & Young
BLOOMBERG
SPM IM
REUTERS
SPM.MI
Via Martiri di Cefalonia, 67
20097 SAN DONATO
MILANESE
Saipem is a large, international and one of the best balanced turnkey
contractors in the oil & gas industry. Saipem has a strong bias towards oil
and gas related activities in remote areas and deepwater and is a leader in
the provision of engineering, procurement, project management and
construction services with distinctive capabilities in the design and the
execution of large-scale offshore and onshore projects, and technological
competencies such as gas monetization and heavy oil exploitation.
Saipem is organised into two Business Units: Engineering & Construction
and Drilling. The Company enjoys a superior competitive position for the
provision of EPC/EPCI services to the oil industry with a particular focus
on the toughest and most technologically challenging projects. Its drilling
services continue to be distinctive, operating in many of the oil and gas
industrys hotspots, frequently in synergy with its E&C activities. Saipem is
a global contractor, with strong local presence in strategic and emerging
areas for the energy industry. The Company began operations in the
1950s, initially as a division within Eni, and then independently, becoming
definitively autonomous in 1969. Since 1984 Saipem has been listed on
Borsa Italiana (Italian Stock Exchange) and is 43% owned by Eni. Starting
from early 2000s, the Company reinforced its engineering & project
management capabilities to cope with the important market trend towards
large integrated EPCI and EPC projects: in 2002 Saipem acquires
Bouygues Offshore and in 2006 Snamprogetti. Saipem has recently
carried out an important investment programme started in 2006 aimed at
reinforcing and expanding its drilling and construction fleet and other
assets required by projects to back up the local content.
C.C.I.(1)
C.R.(2)
C.N.(3)
Executive
Non executive
Independent
Francesco Carbonetti
Umberto Vergine
Chief Executive Officer
Super sector
OIL & GAS
Market Segment
MTA
KEY FIGURES *
€m
I Quarter
Var %
'14 vs '13
-6.41%
-20.26%
31/03/13
3,089.00
380.00
12.30%
202.00
6.54%
167.00
5.41%
110.00
3.56%
Annual Results
31/12/13
31/12/12
12,256.00
13,124.00
871.00
1,971.00
7.11%
15.02%
147.00
1,245.00
1.20%
9.49%
-30.00
1,106.00
-0.24%
8.43%
-159.00
659.00
-1.30%
5.02%
Total Sales
Ebitda
Ebitda margin
Ebit
Ebit Margin
Ebt
Ebt margin
Net Result
E-Margin
5,000 shares on 5/14/14
Net Financial Debt / (Cash)
Net Equity
Capital Employed
31/03/14
5,610.00
4,714.00
10,324.00
Umberto Vergine
Source: company data. The year-end closing is at December, 31. 2014 figures recognize the changes in International Accounting Standards, IFRS 11.
-37.13%
-46.11%
-44.54%
I Quarter
BOARD MEMBERS
OWNERSHIP
Francesco Carbonetti
Chairman
Salvatore Colli
E-mail:[email protected]
Tel.:+39 02 5203465 - Fax:+39 02 52054295
31/03/14
2,891.00
303.00
10.48%
127.00
4.39%
90.00
3.11%
61.00
2.11%
CORPORATE GOVERNANCE * (CG)
BOARD MEMBERS
Industry
OIL & GAS
Investor relations *
Tel.: +39 02 5201
Fax: +39 02 52044415
http://www.saipem.com
420 shares on 5/9/14
IT0000068525
Var %
'14 vs '13
15.79%
-13.27%
0.43%
31/03/13
4,845.00
5,435.00
10,280.00
Annual Results
31/12/13
31/12/12
4,707.00
4,278.00
4,652.00
5,132.00
9,359.00
9,410.00
Francesco Gattei
Director
SHARE ANALYSIS
TOP
MANAGEMENT
Enrico Laghi
Board member
Number of shares outstanding
Ordinary
Saving Conv
Nominal value (€)
Rosario Bifulco
Board member
Umberto Vergine
Nella Ciuccarelli
CEO
Board member
Alberto Chiarini
Guido Guzzetti
Board member
Chief Financial and
Compliance Officier
Nicla Picchi
Giuseppe Caselli
Board member
Board member
OTHER
INFORMATION
RELATING
GOVERNANCE
List based voting
system (BoD / MB)
Quorum for minority
shareholders
(1): Internal Control Committee (2): Compensation Committee (3): Nomination
Committee
1.0%
Last Divid. (€)
0.680
0.050
Ordinary
Saving Conv
COO
Federico Ferro Luzzi
Quantity
441,410,900
441,301,574
109,326
INDEX FTSEMIB
Capitalis. (€ m)
4,044.69
4,042.72
1.97
1.00
Detach Date
20/05/2013
19/05/2014
Last price
Ord
Conv
Performance
Ord
Conv
23/02/2015
9.16
18.00
-2Y
-55.64%
-28.00%
-2Y
35.30%
Relative perf.
-90.94%
Price range (-2y)
Ord
Conv
-1Y
-45.96%
5.88%
-1Y
7.71%
-53.67%
MAX
24.65
27.00
-3M
-31.13%
-1.10%
-3M
10.07%
-41.20%
MIN
7.29
16.00
-1M
16.19%
n/a
-1M
7.04%
9.15%
(CG) Corporate Governance: Traditional Model
TURNOVER AND VOLATILITY - STATISTICS FROM 02/01/2015 TO23/02/2015
SHAREHOLDERS *
MASSACHUSSETTS FINANCIAL
SERVICES COMPANY: 2.02%
DODGE & COX: 5.05%
MINISTERO DELL'ECONOMIA E
DELLE FINANZE: 42.93%
OTHER SHAREHOLDERS < 2%:
50.00%
Turn over
Total(€)
Daily average(€)
3,026,447,519
81,795,879
Number of shares traded
Total
Daily average
362,063,687
9,785,505
Number of trades
Source: Consob Update: 13/02/2014
Total
Daily average
406,843
10,996
A
Volatility
49.60%
A
Turnover velocity
563.22%
Source: Borsa Italiana. Data refer to the ordinary shares.
OTHER LISTED INTRUMENTS ON BIT MARKET
IDEM STOCK FUTURES
SECURITISED DERIVATIVES
* The above information has been provided and updated by the issuing company
WARRANTS
STOCK OPTIONS
LISTED BONDS