Technip Energies: Initiation of Coverage- Enhancing Technological & Proprietary Product Portfolio To Change The Game! 

Technip Energies has reported a strong financial performance for the full year 2024, marked by significant achievements across various dimensions of its operations. The company reported a 14% year-over-year increase in revenues, reaching nearly EUR 7 billion, surpassing its upgraded guidance from Q3. This growth was supported by both its Project Delivery (PD) and Technology, Products & Services (TPS) segments. EBITDA rose by 13% to EUR 608 million, and earnings per share increased by 33% to EUR 2.16, underscoring the company’s strong operational output.