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Technip Energies N.V. — Earnings Release 2021
Oct 21, 2021
7330_iss_2021-10-21_471acb21-f6d3-4fdf-8961-fa694ce751d6.pdf
Earnings Release
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PRESS RELEASE
PREOPEN 20/10/2021 - 17:38 CET QUOTES CHARACTERISTICS COMPANY INFORMATION TECHNIP ENERGIES N.V. € 14.345 Since Open +0.29 (+2.06%) Theoretical Opening Price 14.36 21/10/2021 - 07:57 CET Currency EUR Volume 808,046 [20/10/2021 17:38] Turnover 11,590,278 Transactions 3,112 VWAP 14.3436 Open 14.055 High 14.47 [13:41] Low 14.02 [09:00] Threshold 15.775 12.915 Technip Energies Financial Results for the First Nine Months O S 21 OCT 2021 07:30 CEST COMPANY NAME TECHNIP ENERGIES N.V. ISN NL0014559478 MARKET Euronext SYMBOL TE – 9M Adj. Revenue growth of 11% Y/Y; Adj. recurring EBIT margin 6.3% – Updated guidance: Adj. Revenue €6.5 - 6.8bn; Adj. recurring EBIT margin at least 6% – Free cash flow of €778m for first nine months; €439m in third quarter – Strategic energy transition positioning while delivering today's energy market needs – Further diversification of shareholder base; HAL Investments acquiring a 9.9% stake Regulatory News: Technip Energies (the "Company") (Paris:TE) (ISIN:NL0014559478), a leading Engineering & Technology company for Transition, today announces its unaudited financial results for the first nine months of 2021. Arnaud Pieton, CEO of Technip Energies, on 9M 2021 results and FY 2021 outlook: "Third quarter revenues confirm a strong year-to-date trajectory, where, despite the ongoing logistical and pandemic challenges, we continued to reach notable milestones, including first module deliveries on Arctic LNG2. Overall, we a double-digit revenue growth over the prior year, while delivering resilient margins and robust free cash flows". "Recent volatility in global commodity markets highlights the need for continued investment in the cleanest traditiona alternative energy sources are being developed and scaled. Orders in the third quarter consisted mostly of services an notably in the decarbonization domain. Furthermore, we observe growing customer confidence to sanction projects, w
52 Week 10.10 15.08 Market Cap 2.580B "Technip Energies is a trusted partner for technology development, scale-up and integration. We collaborate with our deliver decarbonization and help achieve their net-zero goals. In the third quarter we established several strategic pa develop intellectual property for low-carbon solutions and to drive Energy Transition in key regions for the company. T deliver business opportunities in the coming years."
1D 5D 1M 3M 1Y 5Y YTD MAX "Recent customer engagement confirms that our four-pillar strategy - consisting of LNG, decarbonization, sustainab and carbon-free energy solutions - is very well aligned with current and future energy market trends. We believe that differentiation and front-end engagement strategy will allow us to selectively capture those opportunities that will con deliver strong financial results to our shareholders in the medium-to-long term."
drive continued momentum in 2022".
Key financials – Adjusted IFRS
| (In € millions) 9M 20219M 2020 |
||
|---|---|---|
| Revenue | 4,909.9 4,414.5 | |
| Recurring EBIT | 307 5 | 246 4 |
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09:00 12:00 21 OCT 2021 07:30 CEST
PRESS RELEASE
Technip Energies Financial Results for the First Nine Months O
| COMPANY NAME | MARKET | |||
|---|---|---|---|---|
| CENTRAL | TECHNIP ENERGIES N.V. ORDER BOOK |
Euronext INTRADAY PRICE 20/10/2021 |
||
| ISN | SYMBOL | |||
| # | SHARES | BID PRICE ASK PRICE SHARES # NL0014559478 |
TIME PRICE SHARES TYPE TE |
|
| 3 | 523 | MKT MKT 274 4 |
17:38:57 14.345 351 Trading at last |
|
| 1 | 32 | 14.50 14.20 250 1 |
17:35:21 14.345 500 Auction |
|
| 1 | 50 | 14.35 14.34 100 1 – 9M Adj. Revenue growth of 11% Y/Y; Adj. recurring EBIT margin 6.3% |
17:35:21 14.345 942 Auction |
|
| 2 | 120 | 14.34 14.36 580 2 17:35:21 14.345 8,875 Auction – Updated guidance: Adj. Revenue €6.5 - 6.8bn; Adj. recurring EBIT margin at least 6% |
||
| 1 | 1,200 | 14.30 14.38 500 1 17:35:21 14.345 941 Auction – Free cash flow of €778m for first nine months; €439m in third quarter |
||
| 1 | 150 | 14.295 14.40 504 2 – Strategic energy transition positioning while delivering today's energy market needs |
||
| 1 | 500 | 14.28 14.42 500 1 |
Updated 20/10/2021 17:38 CEST | |
| 1 | 350 | – Further diversification of shareholder base; HAL Investments acquiring a 9.9% stake 14.27 14.44 638 2 |
||
| 1 | 500 | Regulatory News: 14.26 14.46 500 1 |
||
| 1 | 149 | 14.25 14.48 500 1 Transition, today announces its unaudited financial results for the first nine months of 2021. |
Technip Energies (the "Company") (Paris:TE) (ISIN:NL0014559478), a leading Engineering & Technology company for HISTORICAL PRICE |
|
| 3,574 | 4,346 Arnaud Pieton, CEO of Technip Energies, on 9M 2021 results and FY 2021 outlook: |
DATE OPEN HIGH LOW CLOSE |
||
| 13 | Total 16 |
"Third quarter revenues confirm a strong year-to-date trajectory, where, despite the ongoing logistical and pandemic | ||
| Updated 21/10/2021 - 07:41 | Help Download |
20/10/2021 14.055 14.47 14.02 14.34 challenges, we continued to reach notable milestones, including first module deliveries on Arctic LNG2. Overall, we a 19/10/2021 14.495 14.70 14.075 14.1 double-digit revenue growth over the prior year, while delivering resilient margins and robust free cash flows". |
||
| 18/10/2021 14.52 14.775 14.41 14.5 |
S
EURONEXT CA INDEX2 29.60 % CAC ENERGY 1.99 % Updated 20/10/2021 17:38 CEST Help Download "Technip Energies is a trusted partner for technology development, scale-up and integration. We collaborate with our deliver decarbonization and help achieve their net-zero goals. In the third quarter we established several strategic pa develop intellectual property for low-carbon solutions and to drive Energy Transition in key regions for the company. T deliver business opportunities in the coming years."
15/10/2021 14.24 14.75 14.135 14.52 14/10/2021 14.21 14.54 14.055 14.10 "Recent volatility in global commodity markets highlights the need for continued investment in the cleanest traditiona alternative energy sources are being developed and scaled. Orders in the third quarter consisted mostly of services an notably in the decarbonization domain. Furthermore, we observe growing customer confidence to sanction projects, w drive continued momentum in 2022".
| # | SHARES | |
|---|---|---|
| 3 | 523 | |
| 1 | 32 | |
| 1 | 50 | |
| $\overline{2}$ | 120 | |
| 1 | 1,200 | |
| $\mathcal{L}$ | 150 | |
| $\ensuremath{\mathbb{1}}$ | 500 | |
| 1 | 350 | |
| 1 | 500 | |
| 1 | 149 | |
| 3,574 | ||
CAC MID 60 1.36 % CAC MID&SMALL 1.13 % NEXT 150 0.50 % NOTICES "Recent customer engagement confirms that our four-pillar strategy - consisting of LNG, decarbonization, sustainab and carbon-free energy solutions - is very well aligned with current and future energy market trends. We believe that differentiation and front-end engagement strategy will allow us to selectively capture those opportunities that will con deliver strong financial results to our shareholders in the medium-to-long term."
Key financials – Adjusted IFRS
| (In € millions) | 9M 20219M 2020 | |
|---|---|---|
| Revenue | 4,909.9 4,414.5 | |
| Recurring EBIT | 307 5 | 246 4 |
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| HISTORICAL | PERFORMANCE PRESS RELEASE |
||
|---|---|---|---|
| Highest Lowest % |
1W 1M YTD 52W 14.775 14.775 15.08 15.08 Technip Energies Financial 14.02 12.21 10.10 10.10 1.81 17.29 12.95 12.95 |
Results for the First Nine Months O |
|
| Updated 20/10/2021 17:38 CEST | Download 21 OCT 2021 07:30 CEST |
||
| REGULATED | NEWS COMPANY NAME |
MARKET | |
| 21/10/2021 | TECHNIP ENERGIES N.V. Technip Energies Financial Results for the |
Euronext | |
| First Nine Months Of 2021 ISN |
SYMBOL | ||
| 21/10/2021 | RÉSULTATS FINANCIERS DE TECHNIP NL0014559478 ENERGIES POUR LES NEUF PREMIERS… |
TE | |
| 19/10/2021 | Technip Energies Partners with TÜV Rheinland to Expand Project Manageme… |
||
| 19/10/2021 | – 9M Adj. Revenue growth of 11% Y/Y; Adj. recurring EBIT margin 6.3% Technip Energies s'associe à TÜV Rheinland pour étendre ses services de… – Updated guidance: Adj. Revenue €6.5 - 6.8bn; Adj. recurring EBIT margin at least 6% Technip Energies Awarded India's Largest – Free cash flow of €778m for first nine months; €439m in third quarter PEM Based Hydrogen Project by NTPC |
||
| 14/10/2021 | |||
| – Strategic energy transition positioning while delivering today's energy market needs – Further diversification of shareholder base; HAL Investments acquiring a 9.9% stake |
|||
| Technip Energies (the "Company") (Paris:TE) (ISIN:NL0014559478), a leading Engineering & Technology company for Transition, today announces its unaudited financial results for the first nine months of 2021. |
|||
| Arnaud Pieton, CEO of Technip Energies, on 9M 2021 results and FY 2021 outlook: © 2021 Euronext Privacy Statement Terms of Use |
|||
| "Third quarter revenues confirm a strong year-to-date trajectory, where, despite the ongoing logistical and pandemic challenges, we continued to reach notable milestones, including first module deliveries on Arctic LNG2. Overall, we a double-digit revenue growth over the prior year, while delivering resilient margins and robust free cash flows". |
"Recent volatility in global commodity markets highlights the need for continued investment in the cleanest traditiona alternative energy sources are being developed and scaled. Orders in the third quarter consisted mostly of services an notably in the decarbonization domain. Furthermore, we observe growing customer confidence to sanction projects, w drive continued momentum in 2022".
"Technip Energies is a trusted partner for technology development, scale-up and integration. We collaborate with our deliver decarbonization and help achieve their net-zero goals. In the third quarter we established several strategic pa develop intellectual property for low-carbon solutions and to drive Energy Transition in key regions for the company. T deliver business opportunities in the coming years."
"Recent customer engagement confirms that our four-pillar strategy - consisting of LNG, decarbonization, sustainab and carbon-free energy solutions - is very well aligned with current and future energy market trends. We believe that differentiation and front-end engagement strategy will allow us to selectively capture those opportunities that will con deliver strong financial results to our shareholders in the medium-to-long term."
Key financials – Adjusted IFRS
| (In € millions) | 9M 20219M 2020 | |
|---|---|---|
| Revenue | 4,909.9 4,414.5 | |
| Recurring EBIT | 307 5 | 246 4 |