Technip Energies: targets set for 2025 and 2028
(CercleFinance.com) - Ahead of its Investor Day, Technip Energies confirms, via its CEO Arnaud Pieton, that it will take advantage of expanding markets to generate sales growth with increased profitability until 2028 and beyond.
For 2025, he anticipates project delivery sales of between E5bn and E5.4bn, with an EBITDA margin of around 8%, and technology, products and services (TPS) sales of E2bn to E2.2bn, with an EBITDA margin of around 13.5%.
For 2028, Technip Energies forecasts sales of over E6bn, with an EBITDA margin of around 8.5%, for its Project Delivery and TPS segments, and sales of over E2.6bn, with an EBITDA margin of around 14.5%.
Technip Energies expects corporate costs of E50m to E60m in 2025, followed by around E60m in 2028, as well as cumulative FCF from 2024-2028 of E2.2bn to E2.6bn.
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For 2025, he anticipates project delivery sales of between E5bn and E5.4bn, with an EBITDA margin of around 8%, and technology, products and services (TPS) sales of E2bn to E2.2bn, with an EBITDA margin of around 13.5%.
For 2028, Technip Energies forecasts sales of over E6bn, with an EBITDA margin of around 8.5%, for its Project Delivery and TPS segments, and sales of over E2.6bn, with an EBITDA margin of around 14.5%.
Technip Energies expects corporate costs of E50m to E60m in 2025, followed by around E60m in 2028, as well as cumulative FCF from 2024-2028 of E2.2bn to E2.6bn.
Copyright (c) 2024 CercleFinance.com. All rights reserved.