Saipem SpA Q1 Adjusted EBITDA EUR 274 Million [Reuters]
SAIPEM SPA UNSP/ADR (SAPMY)
NASDAQ:AMEX Investor Relations:
saipem.com/saipem_en_it/sommario/investor+relations+contacts.page?
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Source: Reuters
Saipem SpA (SPMI.MI) Key Developments | Reuters.com April 18 (Reuters) - Saipem SpA ::Q1 ADJUSTED EBITDA EUR 274 MILLION.Q1 NET PROFIT EUR 21 MILLION.Q1 REVENUES EUR 2.16 BILLION.FORECAST REVENUES FOR 2019 OF AROUND EUR 9 BILLION, WITH ADJUSTED EBITDA MARGIN IN EXCESS OF 10%.SEES 2019 CAPITAL EXPENDITURE AT C. EUR 500 MILLION , WHILE NET DEBT PRE-IFRS 16 IS EXPECTED TO BE AROUND EUR 1 BILLION AT END OF 2019.SAYS GUIDANCE 2019 IS CONFIRMED.SOUTH STREAM SETTLEMENT - EXPECTS TO COMPLETE NEGOTIATIONS FOR AMICABLE SETTLEMENT OF ARBITRATION IN VERY SHORT TIME.SOUTH STREAM SETTLEMENT - RESULTS AT DEC. 31, 2018 TOOK INTO ACCOUNT EFFECTS OF ENVISAGED AMICABLE SETTLEMENT AS CURRENTLY UNDER DISCUSSION BETWEEN PARTIES. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reute
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