(Boursier.com) — GTT rose by 1.8% to 94 euros on Friday, while the consolidated turnover for the first quarter amounted to 79.9 ME, up 17.2% compared to the first quarter of 2022. New construction business stood at 73.5 ME, up 19% compared to the turnover for the first quarter of 2022.
Royalties from LNG carriers and ethane carriers amounted to 66.2 ME, up 23%. It should be noted that the number of LNG carriers under construction will increase significantly from the second quarter of 2023, thus generating additional revenue, particularly in the second half. Portzamparc speaks of an “insignificant” Q1 and prefers to focus on the excellent commercial dynamics and the market potential. What to stay in the purchase by aiming for a course of 129 euros on the file.
©2023 Boursier.com