Technip Energies demonstrated significant growth in revenue, earnings, and order intake, leading to a strong backlog and proposed dividend increase, indicating a robust performance in 2024. Despite some challenges in project margins and resource allocation, the positive aspects significantly outweigh the negatives.
Company Guidance
During the call, Technip Energies provided detailed guidance and metrics for their future performance. The company reported over €8.6 billion in revenue, with an EBITDA exceeding €800 million, and a free cash flow conversion rate between 70% to 85%. For the fiscal year 2024, revenues increased by 14% year-over-year to €6.9 billion, surpassing the top end of their upgraded guidance range from Q3. The company's EBITDA rose by 13% to €608 million, and earnings per share (EPS) increased by 33% to €2.16. The order intake exceeded €10 billion, driving their backlog to a record high of nearly €20 billion. The company proposed a near 50% increase in annual dividends. For 2025, Technip Energies expects Project Delivery revenues to be between €5 billion and €5.4 billion with an EBITDA margin of around 8%, and TPS revenues to range from €2 billion to €2.2 billion with an EBITDA margin of 13.5%. Looking ahead to 2028, they forecast Project Delivery revenues to exceed €6 billion with an EBITDA margin of 8.5%, while TPS revenues are projected to grow to more than €2.6 billion with an EBITDA margin of 14.5%.
Record Revenue and Earnings Growth
Technip Energies delivered an outstanding performance in 2024 with a 14% increase in revenue, reaching nearly €7 billion, and a 13% increase in EBITDA to €608 million.
Significant Order Intake and Backlog
Achieved over €10 billion in order intake for the second consecutive year, with a backlog reaching an all-time high approaching €20 billion.
Dividend Increase
Proposed a near 50% increase in the annual dividend, reflecting strong performance and confidence in business outlook.
Sustainability Achievements
Achieved a 41% reduction in Scope 1 and 2 emissions compared to 2021 and increased emissions reduction targets from 30% to 45% by 2025.
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Technip Energies NV (FR:TE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FR:TE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 27, 2025
€27.10
€29.50
+8.86%
Oct 31, 2024
€20.60
€22.84
+10.87%
Aug 01, 2024
€23.60
€22.26
-5.68%
May 02, 2024
€21.70
€21.25
-2.07%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Technip Energies NV (FR:TE) report earnings?
Technip Energies NV (FR:TE) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Technip Energies NV (FR:TE) earnings time?
Technip Energies NV (FR:TE) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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