Added to YB: 2026-05-06
Pitch date: 2026-05-03
TE.PA [neutral]
Technip Energies N.V.
-1.12%
current return
Author Info
No bio for this author
Company Info
Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company in Europe, Central Asia, Africa, the Middle East, the Asia Pacific, and the Americas.
Market Cap
EUR 7.1B
Pitch Price
EUR 39.12
Price Target
N/A
Dividend
2.48%
EV/EBITDA
8.01
P/E
20.69
EV/Sales
0.62
Sector
Energy Equipment and Services
Category
growth
Technip Energies ($TE.PA) - Q1 2026 Review
TE.PA (earnings): Q1 rev €1,782M (-4% YoY) on FX headwinds & Middle East disruptions. EBITDA €148.8M (-8% YoY), margin 8.3% vs 8.7% prior year. Net income €84.5M (-16% YoY). Record €6B+ orders (Qatar North Field West LNG, Mozambique Coral Norte FLNG). 2026 guide cut: Project Delivery rev €5.7-6.3B (from €6.3-6.7B), EBITDA margin 6.5-7.5% on geopolitical risks. Gross cash €4.2B, debt €0.9B. OCF €409.3M, 89% EBITDA-to-FCF conversion. Trades 6.2x EBITDA. €20.2B backlog (~3yrs rev). Risks: Middle East conflict, euro strength, mega-project delays.
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