BacklogThe company is expected to see a solid backlog, with an order value reaching approximately €34bn, which is 2.4 times the estimated revenues for 2024.
Financial PerformanceA significant improvement in EBITDA of 44% is anticipated for the fourth quarter of 2024, indicating strong financial growth.
MergerThe combination of Saipem and Subsea7 will be renamed Saipem7, and will have a combined backlog of €43bn, Revenue of approx. €20bn and EBITDA in excess of €2bn.