Hindi nagbibigay ng serbisyo ang XM sa mga residente ng Estados Unidos.

Technip Energies lifts revenue guidance, boosted by major orders



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-Technip Energies lifts revenue guidance, boosted by major orders</title></head><body>

Revenue up 13% in first nine months of 2024

Raises 2024 revenue forecast to 6.5-6.8 bln euros

Q3 adj. EBIT up 16.7%, revenue up 15% y/y, both above consensus

Shares rise 5.4% by 0906 GMT

Adds shares in paragraph 4, tax rate guidance paragraph 8, analyst comment paragraph 12

By Anna Peverieri

Oct 31 (Reuters) -French energy infrastructure company Technip Energies TE.PA on Thursday lifted its annual revenue guidance as it reported 13% revenue growth so far this year, buoyed by project delivery, sustained profitability and substantial growth in net income.

It now sees 2024 revenue of between 6.5 billion and 6.8 billion euros ($7.1 billion and $7.4 billion). Earlier in the year, it had forecast its revenue to grow to 6.1-6.6 billion euros.

The group, which specialises in engineering and technology for the energy industry, confirmed its outlook for a recurring operating profit (EBIT) margin of between 7% and 7.5%.

Its shares rose more than 5% in morning trade, on track for their biggest daily increase since July if the gains hold.

Asked about the French corporate income tax rise proposed by the French parliament, Chief Financial Officer Bruno Vibert said that few of the company's projects were in France.

Technip has signed several major contracts this year, including the Rovuma LNG project in Mozambique and the construction of the Lake Charles liquefied natural gas plant in the U.S., which should boost its sales in the coming quarters.

"The French surtax will have an impact that won't be too material," Vibert said in a call with journalists, adding that the revised guidance accounted for that potential impact.

Technip raised its full-year effective tax rate guidance to 29-33% from 26-30% previously.

Its adjusted order backlog fell 11% to 15.85 billion euros in the first nine months of the year, while the third-quarter order intake was 1.70 billion euros, well ahead of analysts' average estimate of 785 million euros.

"We secured our position on notable projects that will reinforce and diversify our backlog in 2025 and beyond," CEO Arnaud Pieton said in the statement.

The group posted third-quarter adjusted EBIT of 129.4 million euros and adjusted revenue of 1.81 billion euros, both above market expectations.

J.P.Morgan said in a note to clients that Technip's improved net cash of 2.7 billion euros suggested there was room for upgrades in full-year core earnings (EBITDA) estimates.

($1 = 0.9212 euros)



Reporting by Anna Peverieri in Gdansk; Editing by Lisa Shumaker and Milla Nissi

</body></html>

Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.

Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.

Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.

Babala sa Risk: Maaaring malugi ang iyong kapital. Maaaring hindi nababagay sa lahat ang mga produktong naka-leverage. Mangyaring isaalang-alang ang aming Pahayag sa Risk.