Technip Energies: EPS up 11% in Q1

(CercleFinance.com) - For the first three months of 2024 (adjusted), Technip Energies reported EPS up 11% to 0.
50 euros, but a recurring EBIT margin down 0.3 points to 7.3% on sales up 8% to 1.52 billion euros.

The energy sector engineering company reports that it has been selected for major LNG and carbon capture projects, and has booked orders worth 620 million euros for its technology, products and services offering.

Technip Energies confirms its objectives for the full year 2024 of double-digit EPS growth, a recurring EBIT margin of between 7 and 7.5%, and sales of between 6.1 and 6.6 billion euros.

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