2024 - Technip Energies: 9% decline in annual EPS

(CercleFinance.com) – Technip Energies publishes for 2023, in ‘adjusted IFRS’ data, an EPS down 9% to 1.63 euros and a recurring EBIT margin improving by 0.4 points to 7, 4%, for a turnover down more than 6% to 6.01 billion euros.

The engineering company, however, claims ‘very good visibility’, with growth in the adjusted order book of more than 20% to 15.7 billion euros, thanks to 10 billion adjusted order intake during 2023.

Also, Technip Energies forecasts for the year which begins (still in adjusted IFRS), a double-digit growth in its EPS, a recurring EBIT margin between 7 and 7.5%, as well as a turnover between 6.1 and 6.6 billion euros.

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