Technip Energies: 2022 EPS up 29%
(CercleFinance.com) - Technip Energies has reported adjusted EPS of E1.
79 for 2022, up from E1.39 the previous year, with an adjusted recurring EBIT margin that rose 50 bp to 7% on adjusted revenues that fell 4.6% to 6.42 billion euros.
The energy engineering company also highlighted substantial backlog growth in its TPS (technology, products and services) business, up 63% year-on-year, reinforcing its distinctive hybrid model.
EPS growth enables Technip Energies to propose a dividend of E0.52 per share, up 16% year-on-year. For 2023, it anticipates a recurring EBIT margin of between 6.7% and 7.2%, as well as revenues of between 5.7 billion and 6.2 billion euros.
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