Q2 2023 Saipem SpA Earnings Call Transcript
Good morning. This is the conference operator. Welcome, and thank you for joining the Saipem First Half 2023 Results Presentation. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Alessandro Puliti, CEO and General Manager. Please go ahead, sir.
Thank you, and good morning, and welcome to Saipem First Half 2023 Results Presentation. I'm here with our CFO, Paolo Calcagnini, and with the rest of Saipem's top management team. I'm also pleased to have here in the room, Alberto Goretti, who recently joined us as Head of Investor Relations.
Let's start with the financials. Q2 was another quarter of strong delivery, driven mainly by our offshore business. In the second quarter, we delivered a robust revenue growth of 70% year-on-year and 7% quarter-on-quarter. EBITDA growth was even stronger than revenues, at 48% year-on-year and 15% quarter-on-quarter. In the second quarter, we achieved an improved EBITDA margin of 7.9%, reflecting better profitability
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
