Company posted a 15% increase in consolidated revenue, reaching €3.6 billion, while recurring EBITDA rose 13% to €319 million
PARIS: Technip Energies reported strong unaudited financial results for the first half of 2025, underscoring its continued momentum and strategic progress in energy infrastructure and decarbonization.
The company posted a 15% year-over-year increase in consolidated revenue, reaching €3.6 billion, while recurring EBITDA rose 13% to €319 million. Adjusted figures also showed solid growth, with adjusted revenue up 24% to €2.74 billion, driven by elevated activity in Qatar LNG and ramp-up phases of GranMorgu and Ruwais LNG projects. However, adjusted recurring EBITDA margin fell 50 basis points to 7.8% amid a greater share of early-phase projects.
Technip Energies generated €322 million in free cash flow, excluding working capital, equivalent to a near 100% EBITDA conversion rate. In parallel, the company secured a landmark contract for the world’s largest low-carbon ammonia plant in the United States, further solidifying its position in clean energy solutions.
CEO Arnaud Pieton attributed the performance to resilient execution and innovation in its Technology, Products & Services (TPS) segment. As a result, the company updated its full-year guidance, lifting the TPS EBITDA margin target from approximately 13.5% to a range of 14% to 14.5%.
“The strength in TPS margins year-to-date supports upgraded full-year guidance,” Pieton said. “Our focus on proprietary technology and strategic diversification continues to bear fruit across both energy and decarbonization markets.”
Technip Energies’ commercial pipeline remains robust, with anticipated awards in LNG, blue molecules, and sustainable fuels, particularly in the U.S., over the next six to 18 months.