Technip Energies: Q1 EPS up 11%

(CercleFinance.com) - For the first three months of 2024 (on an adjusted basis), Technip Energies reported EPS that is up 11% to E0.
50, although a recurring EBIT margin that is down 0.3 point to 7.3% on sales that rose 8% to E1.52bn.

The energy sector engineering company said it had been selected for major LNG and carbon capture projects, and had booked orders worth E620m for its technology, products and services offering.

Technip Energies confirms its guidance for FY 2024, including double-digit EPS growth, a recurring EBIT margin of between 7% and 7.5%, and revenues of between E6.1bn and E6.6bn.


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