Saipem cuts first-quarter loss despite revenue slump

Italian contractor posts smaller deficit in first quarter as compared with a year ago

Confident: Saipem chief executive Stefano Cao — Confident: Saipem chief executive Stefano CaoPhoto: SAIPEM

Eoin O'Cinneide

London

Stefano Cao Mozambique Saipem Italy Europe

Published 28 April 2021, 08:05Updated 28 April 2021, 10:38