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Saipem SpA Issues Revenues, EBIT, Net Income and Capex Guidance for FY 2013 and Proposes Dividend Distribution for FY 2012

Wednesday, 13 Feb 2013 09:43am EST 

Saipem SpA announced that the Board of Directors will propose to confirm the pay-out policy distribution of one third of consolidated net profit, corresponding in the fiscal year 2012 at a dividend of EUR 0.68 per ordinary share (EUR 0.70 for the fiscal year 2011) and EUR 0.71 per savings share (EUR 0.73 for the fiscal year 2011). Dividends will be paid from May 23, 2013 with ex-dividend date on May 20, 2013 and record date on May 22, 2013. Additionally, the Company expects revenues for the full year 2013 to be in the region of EUR 13.5 billion, EBIT of EUR 750 million, net income of EUR 450 million and capex of EUR 0.9 -1 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report for fiscal year 2013 revenues of EUR 13,495.82 million and net income of EUR 442.74 million. 

Company Quote

0.1 +1.12%
23 Dec 2014