popular articles

Technip Energies anticipates 43% revenue growth by 2028

Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.

Please share:

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.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Filipe Silva, CEO of Galp Energia since 2023, steps down following allegations of a conflict of interest involving a presumed relationship with a company director.
ICF acquires Applied Energy Group from Ameresco for $30 million, consolidating its energy and technology services for public utilities and local governments.
ICF acquires Applied Energy Group from Ameresco for $30 million, consolidating its energy and technology services for public utilities and local governments.
The Canadian group Brookfield acquired 53.12% of the capital of Neoen, a French renewable energy specialist, paving the way for a public offer for the remaining shares.
The Canadian group Brookfield acquired 53.12% of the capital of Neoen, a French renewable energy specialist, paving the way for a public offer for the remaining shares.
CATL, in China, unveils a chassis capable of withstanding frontal collisions at 120 km/h, a breakthrough transforming automotive safety standards.
CATL, in China, unveils a chassis capable of withstanding frontal collisions at 120 km/h, a breakthrough transforming automotive safety standards.
Iberdrola completes the acquisition of the remaining 18.4% of Avangrid, an operation approved by US regulators. This $35.75 per share transaction marks a strategic milestone for its activities in the United States.
A $12 billion investment in Rajasthan aims to strengthen the state’s industrial and energy capacities, while boosting employment and economic attractiveness.
A $12 billion investment in Rajasthan aims to strengthen the state’s industrial and energy capacities, while boosting employment and economic attractiveness.
Rubis, an energy group based in Paris, appoints Jean-Christian Bergeron as the General Manager of Rubis Énergie. He will assume his role in January 2025 to lead growth strategy in global energy distribution markets.
Rubis, an energy group based in Paris, appoints Jean-Christian Bergeron as the General Manager of Rubis Énergie. He will assume his role in January 2025 to lead growth strategy in global energy distribution markets.
The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
The European Investment Bank finances the development and modernization of energy infrastructure in France, Italy, and Germany, supporting a portfolio of 270 MW of renewable projects.
Pattern Energy announces the entry of a consortium led by APG and ART, marking a major milestone in its expansion with over 25 GW of renewable energy projects across North America.
Pattern Energy announces the entry of a consortium led by APG and ART, marking a major milestone in its expansion with over 25 GW of renewable energy projects across North America.
Access to the GE Vernova plant in Montoir-de-Bretagne has been blocked since Friday by unions protesting against the planned elimination of 140 jobs.
Access to the GE Vernova plant in Montoir-de-Bretagne has been blocked since Friday by unions protesting against the planned elimination of 140 jobs.
The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
Marathon Petroleum Corp. (MPC) will reveal its financial results for the fourth quarter and full year 2024 during a conference on February 4, 2025. The information will be available online, with a webcast replay accessible for two weeks.
Suez announces the unexpected departure of its CEO Sabrina Soussan effective January 31, 2025. A transitional organizational shift is underway with Thierry Déau, chairman of the board, ensuring continuity and the group’s future.
Suez announces the unexpected departure of its CEO Sabrina Soussan effective January 31, 2025. A transitional organizational shift is underway with Thierry Déau, chairman of the board, ensuring continuity and the group’s future.
BP and JERA join forces to create JERA Nex BP, a joint venture aimed at developing a 13 GW offshore wind project portfolio. This strategic initiative reflects a disciplined growth model while strengthening their presence in Europe and Asia-Pacific.
BP and JERA join forces to create JERA Nex BP, a joint venture aimed at developing a 13 GW offshore wind project portfolio. This strategic initiative reflects a disciplined growth model while strengthening their presence in Europe and Asia-Pacific.
Enedis is investing €3.6 billion in an ambitious strategy to modernize the French electric grid, enhance its climate resilience, and support the national industry.
Enedis is investing €3.6 billion in an ambitious strategy to modernize the French electric grid, enhance its climate resilience, and support the national industry.
Elyse Energy, a French SME, announces €120 million in funding to develop synthetic methanol and sustainable fuel plants, targeting the decarbonization of the aviation, maritime, and chemical sectors.
As part of its global energy strategy, TotalEnergies invests €1.57 billion to acquire the German group VSB, a major player in wind and solar projects in Europe.
As part of its global energy strategy, TotalEnergies invests €1.57 billion to acquire the German group VSB, a major player in wind and solar projects in Europe.
Aramco completes the acquisition of a 10% stake in Horse Powertrain, valued at €7.4 billion, specializing in hybrid and thermal powertrain solutions.
Aramco completes the acquisition of a 10% stake in Horse Powertrain, valued at €7.4 billion, specializing in hybrid and thermal powertrain solutions.
Amprion opens a tender for the construction and operation of a decentralized grid booster, a strategic project aimed at reducing redispatch costs and strengthening network efficiency.
Amprion opens a tender for the construction and operation of a decentralized grid booster, a strategic project aimed at reducing redispatch costs and strengthening network efficiency.
Axpo's solar and wind divisions secure a total of 163 MW in two tenders in France, strengthening their key role in the European energy transition strategy.
The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
Eni distributes over three million free shares to its employees
Eni distributes over three million free shares to its employees

Advertising