BRÈVE

sur TECHNIP ENERGIES N.V. (EPA:TE)

Technip Energies Outlines Strategic Vision and Financial Targets for 2028

Graphique de l'évolution du cours de l'action TECHNIP ENERGIES N.V. (EPA:TE).

Paris, November 21, 2024 - Technip Energies, a leader in energy and decarbonization infrastructure, presented its strategic goals for 2028 during its Capital Markets Day. The company aims to enhance value creation through diversification and technological advancements, boasting a commercial pipeline of over €75bn and a robust balance sheet with over €1bn of available capital.

CEO Arnaud Pieton highlighted Technip's strong market presence and innovative capabilities, focused on sustainability, clean energy, and circularity. By 2028, projected revenues for Project Delivery exceed €6.0bn with an EBITDA margin of ~8.5%, while TPS aims for revenues above €2.6bn and EBITDA margins of ~14.5%.

The financial strategy includes a disciplined capital allocation, prioritizing shareholder returns and strategic investments in M&A. Free cash flow conversion from EBITDA is anticipated at 70%-85%, targeting cumulative free cash flow between €2.2bn and €2.6bn.

R. H.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de TECHNIP ENERGIES N.V.