Saipem sees majority of 2025 orders in second-half of year, CEO says
July 24 (Reuters) - Saipem SPMI.MI Chief Executive Alessandro Puliti and CFO Paolo Calcagnini tell analysts in a post-results call:
CEO: GROUP CONFIDENT ABOUT ORDER INTAKE FOR FULL-YEAR 2026
CEO: WILL SOON MOVE ITS CASTORONE VESSEL TO GUYANA TO WORK FOR U.S. MAJOR EXXON
CFO: GROUP IS REDUCING FLEET BY 3 UNITS, WHICH WILL BE RETURNED TO OWNERS
CEO: EXPECTS CONCENTRATION OF ORDER INTAKE IN SECOND HALF OF 2025
CFO: THERE WILL BE AN INCREASE IN CAPEX IN H2
CEO: WE ARE PRETTY CLOSE TO THE RESTART OF TOTALENERGIES' MOZAMBIQUE LNG PROJECT
CEO: MOZAMBIQUE PARTNERS ARE WORKING TO RESTART PROJECT WITHIN THE SUMMER
CEO: BACKLOG EXPOSURE ON MOZAMBIQUE PROJECT IS AROUND 3 BILLION EUROS PLUS RESTART ACTIVITY
CFO: GROUP IS WORKING TO GET BEHIND IT LEGACY PROJECTS BY END 2025 OR BEGINNING OF 2026
CEO: GROUP IS BIDDING FOR TENDERS WORTH 16 BILLION EURO IN H2 2025
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