The oil company led by Stefano Cao closed the first three months of 2018 with revenues, net profit and Ebitda down and in line with consensus and guidance. The debt position improves, despite the arbitration affair…
Francesco Caio will be the new president of Saipem, of which Stefano Cao remains managing director. This is what Eni and CDP, which control the oil plant engineering company, are proposing in view of the May 3 meeting.
Financial results not in accordance with the estimates of the beginning of the year. Adjusted profit equal to 46 million euro compared to 226 in 2016. Investments stopped in the entire sector. Shares down in Milan, -1,1%
CEO Cao: the redundancies will rise from 800 to 1150 and "they will be mainly in Italy and France" - In the first six months of the year the group recorded a net loss of 110 million, but from 2018 onwards it is expected…
The oil plant company led by Cao approved the 2016 preliminary balance on Thursday, a year characterized by a strong rationalization effort. 2017 guidance confirmed. Goldman Sacs issues a positive opinion on 2017 accounts and prospects