• Saipem posted first-half revenue of EUR 7.35 billion, up 1.9% from the year-earlier period.
• Adjusted EBITDA rose 9.4% to EUR 836 million, despite about EUR 70 million of extra costs tied to Middle East disruptions.
• Net profit fell 31.4% to EUR 96 million, while adjusted net profit slipped 6.4% to EUR 131 million.
• New orders climbed 33.4% to EUR 5.74 billion; backlog stood at EUR 29.86 billion at June 30.
• 2026 guidance calls for about EUR 15.5 billion revenue, EUR 1.75 billion adjusted EBITDA, EUR 600 million free cash flow after lease repayments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Saipem S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0232-50-2026_TELEBORSA.pdf), on July 27, 2026, and is solely responsible for the information contained therein.