Earnings Release • Nov 24, 2014
Earnings Release
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Press Release
Paris – November 24, 2014. GTT (Gaztransport & Technigaz) (ISIN FR0011726835 Euronext Paris: GTT), world leader in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) provided the market with an update to its order book.
GTT has received orders for four new LNGCs and one FSRU so far in the fourth quarter. The LNGCs orders are from the same shipyard but for different customers. They are expected to be delivered starting in 2017, as well as the new FSRU, which will be built by another shipyard.
At September 30, 2014, new orders for the first 9 months stood at 38. The five new orders received so far in the fourth quarter 2014 bring the count of new orders received this year to 43 including:
GTT will publish its full year 2014 results on February 12, 2015, with its revised short term and mid term outlook after the close of the market. This revised outlook will take into account the stronger than expected current order flow.
GTT (Gaztransport & Technigaz) is the world leader in cryogenic membrane containment systems used in the shipbuilding industry for the transport of LNG. For over 50 years, GTT has offered to its customers technologies which allow them to optimize storage space and reduce the construction and operation costs of ships or tanks equipped with these systems. GTT operates in several sectors: LNGCs (Liquefied Natural Gas Carriers) and VLECs (Very Large Ethane Carriers), Multi-gas carriers, FLNGs (Floating Liquefied Natural Gas units), FSRUs (Floating Storage and Regasification units), onshore storage tanks and the use of LNG as a fuel.
Lisa Finas, Head of Communication and Investor Relations +33 1 30 23 48 40 Cécile Arson, Chief Financial Officer +33 1 30 23 42 06
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