Saipem profit plunges in Q3

Italy’s Saipem has reported a 24% drop year-on-year in net profit for the third quarter to €76 million ($96.85 million) on revenues up 1.9% to €3.5 billion.

Talking turnaround: Umberto Vergine stresses Saipem recovery efforts
Talking turnaround: Umberto Vergine stresses Saipem recovery efforts
Published 28 October 2014, 15:00Updated 11 October 2016, 15:27
Europe