Gaztransport et Technigaz SA
PAR:GTT

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Gaztransport et Technigaz SA
PAR:GTT
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Price: 169.7 EUR -2.75% Market Closed
Market Cap: 6.3B EUR

Gaztransport et Technigaz SA
Investor Relations

Nestled in the realm of energy titans is Gaztransport et Technigaz SA (GTT), a company that stands as a beacon of specialized engineering within the liquefied natural gas (LNG) industry. Established from the merger of two French engineering firms, GTT has carved a niche by designing cutting-edge membrane containment systems crucial for the transportation and storage of LNG. These sophisticated systems are pivotal in maintaining the LNG at cryogenic temperatures, ensuring minimal loss during long voyages across the globe. Through relentless commitment to innovation, GTT has developed a portfolio teeming with patented technologies that efficiently minimize boil-off rates and ensure structural integrity, making them a preferred partner for LNG carriers and terminals.

The company’s revenue streams are multifaceted, spanning licensing fees, services, and consultancy. Shipbuilders implementing GTT’s proprietary technologies pay licensing fees, ensuring GTT earns revenue from the construction of each vessel featuring its designs. In addition, the company offers an array of services, including maintenance and training, which not only enhance the sustainability of their systems but also provide recurring revenue. With the global shift towards cleaner energy, the demand for LNG is anticipated to rise, putting GTT in a prime position to capitalize on its expertise and entrenched market leadership. Furthermore, GTT often collaborates with other industry players to create innovative solutions that cater to evolving market demands, thereby sustaining its growth trajectory and reinforcing its standing as a vital cog in the global energy supply chain.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 3, 2025
AI Summary
Q3 2025

Revenue Growth: Revenue reached EUR 600 million for the first nine months of 2025, up 29% compared to last year.

Upgraded Guidance: Full-year 2025 revenue guidance was raised to EUR 790–820 million; EBITDA guidance increased to EUR 530–550 million.

Order Book Strength: Strong order book in LNG carriers, including a major contract for 24 vessels from Hudong-Zhonghua, supports activity for coming years.

Danelec Acquisition: Danelec integration completed; digital revenue surged and group targeting EUR 25–30 million in synergies by 2030.

Competitive Pressures: LNG as fuel revenues dropped 32% due to strong competition, but market share efforts continue, including new CUBIQ technology.

Market Dynamics: Record 84 million tons per annum of LNG projects sanctioned this year signal robust long-term demand, though regulatory uncertainty delays new orders.

Key Financials
Revenue
EUR 600 million
Revenue from new builds
EUR 558 million
Digital activities revenue
EUR 20 million
Danelec revenue contribution
EUR 6.5 million
LNG as fuel revenue
EUR 16 million
Electrolyzers revenue
EUR 3.7 million
Services revenue
EUR 18 million
Payout ratio
at least 80% of consolidated net income
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jean-Baptiste Choimet
Chief Executive Officer
No Bio Available
Mr. Thierry Hochoa
Director of Administrative & Financial and CFO
No Bio Available
Mr. Karim Chapot
Technical Vice President
No Bio Available
Mr. Jean-Baptiste Garnier
Head of Investor Relations
No Bio Available
Ms. Lélia Ghilini
Secretary General & Legal Director
No Bio Available
Mr. Youssef Bouni
Vice President of Human Resource
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Saint-Remy-les-Chevreuse
1 route de Versailles
Contacts
+33130234789.0
www.gtt.fr