-0.64%
MILAN (Reuters) – Italy’s Saipem on Wednesday pledged to resume paying dividends in 2025, signalling the restructuring of the energy contractor was bearing fruits.
The group returned to profit last year, reporting a net income of 179 million euros ($194 million), the highest in a decade, it said in a statement.
In the 2024-27 period Saipem expects to win orders worth around 50 billion euros, a third of which will be contracts in low or zero-carbon projects.
($1 = 0.9228 euros)
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