MILAN Feb 7 The new management of Saipem
is confident there will be no more surprises that
could impact the group, Chief Executive Umberto Vergine said on
"We are very confident we don't have any surprises that can
hit us," Vergine told analysts on a conference call, excluding
any extraordinary event.
Last week Saipem shocked the market when it cut 2012
guidance and painted a gloomy outlook for 2013.
Asked by an analyst if jurisdictions outside of Italy, such
as the US, could start probes into alleged corruption in
Algeria, Vergine said he had no evidence of any possible probe
other than that being carried out by Milan prosecutors.
Saipem has ADRs traded in the United States.