Technip Energies anticipates 43% revenue growth by 2028

Technip Energies, a French group specializing in energy engineering, unveiled its strategic outlook during its Investor Day. Benefiting from favorable market dynamics, the company expects a significant increase in its adjusted revenue, reaching over €8.6 billion by 2028, compared to €6 billion in 2023, representing an annual growth rate of 7.4%.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is projected to follow a similar trajectory, rising from €540 million in 2023 to €800 million in 2028, with an estimated annual growth rate of 8.2%. These performance indicators reflect the growing demand in key sectors such as liquefied natural gas (LNG) and solutions related to decarbonization.

Diversification at the heart of the strategy

Arnaud Pieton, CEO of Technip Energies, highlighted the importance of the strategic diversification undertaken by the company. In addition to its traditional activities, the group is expanding its portfolio by entering emerging segments such as carbon capture, clean hydrogen, and sustainable fuels, especially in the aviation sector.

According to forecasts, these markets tied to decarbonization are expected to achieve double-digit annual growth until 2040, gaining maturity and speed of deployment. Simultaneously, LNG continues to grow at rates higher than global GDP, ensuring stability in the group’s core business activities.

Enhanced visibility for 2025

For the 2025 horizon, Technip Energies anticipates adjusted revenue between €7 billion and €7.6 billion, reinforcing its confidence with a commercial pipeline estimated at over €75 billion. Arnaud Pieton also emphasized the strength of projected revenues, already secured at 70% for 2025, offering strong short-term business visibility.

Beyond financial performance, the company’s dividend policy is expected to attract investors. The group plans to distribute between 25% and 35% of its free cash flow, excluding changes in working capital requirements, in line with its financial results.

Mastering the energy transition

Technip Energies is confident in its ability to thrive within the energy transition context, regardless of the scenario. The group is prepared to capitalize on opportunities presented by the expansion of traditional and sustainable energy markets while consolidating its profitability.

With these ambitions, Technip Energies asserts its leadership role in supporting industries toward a responsible and innovative energy transition, placing decarbonization at the core of its growth strategy.