Overview
France-based energy engineering firm reported FY 2025 revenue of €7.2 bln, missing analyst expectations
Company announced €150 mln share buyback and 18% increase in proposed dividend
Completed acquisition of Advanced Materials & Catalysts, enhancing technology offerings
Outlook
Technip Energies initiates 2026 guidance with Project Delivery revenue of €6.3 - 6.7 bln
Company expects Technology, Products & Services revenue of €2.0 - 2.2 bln in 2026
Technip Energies anticipates highest-ever annual order intake in 2026
Result Drivers
PROJECT DELIVERY GROWTH - Revenue increased by 10% to €5.37 bln, driven by growth in LNG, decarbonization, and offshore contracts
TECHNOLOGY SEGMENT MARGINS - Despite a 9% revenue decline, EBITDA margin grew to 14.3% due to delivery milestones and catalyst supply
ACQUISITION IMPACT - Completion of AM&C acquisition expected to enhance technology and product offerings
Company press release: ID:nGNE6cZYLL
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
EUR 7.19 bln
EUR 7.29 bln (17 Analysts)
FY EPS
EUR 2.04
FY Net Income
EUR 363.80 mln
FY EBIT
EUR 514.60 mln
FY EBIT Margin
7.20%
FY Orders
EUR 4.64 bln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for Technip Energies NV is €42.50, about 17.6% above its February 25 closing price of €36.14
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)