Technip's shares slide after Q3 earnings miss

TechnipFMC

30/10/2025 09:34

** Shares of Technip Energies TE.PA fall 6.4% after the French energy infrastructure company missed its Q3 earnings expectations, driven by acquisition-related costs and projects delay

** The company said the shortfall reflected higher costs from the Reju and Ecovyst acquisitions, with non-recurring expenses rising to 49.4 million euros ($57,61 million) from 16.4 million euros last year, while the technology, products & services unit faced U.S. project delays

** RBC Capital Markets highlights that both revenue and adjusted EBITDA came in 4% below consensus forecasts

** The company's full-year 2025 guidance for revenue and margins remains unchanged, however

** RBC remains "somewhat cautious" on the outlook, citing a coming LNG supply wave and the risk of further delays to US projects

($1 = 0.8575 euros)

 (Reporting by Hugo Lhomedet)

 ((hugo.lhomedet@thomsonreuters.com))