Solid start to 2025 with our Q1 financial results! š
Key takeaways from the results published today š
ā Significant year-over-year growth in revenues and EBITDAĀ
Reflects our robust order intake over the last two years and our teamsā relentless focus on executionĀ
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ā Execution: a priority for 2025Ā Ā
We entered 2025 with our highest ever backlog position and our foremost priority for 2025 is execution. This involves key project completions over the next several quarters, as well as continued ramp-up and mobilization of major projects awarded during 2023 and 2024Ā
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ā Advancing strategic initiativesĀ Ā
Internal modernizing programs and implementation of our digital acceleration plan that will generate ā¬100 million of annualized cost savings beyond 2028
ā Updating 2025 guidance for both our segmentsĀ
Weāre raising the 2025 guidance for the Project Delivery segment thanks to improved year-to-date visibility. Weāve also updated the revenue range for Technology, Products & Services given the uncertainty surrounding policies and the macro-economic environmentĀ
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ā Substantial commercial pipelineĀ
Our commercial pipeline remains intact with more than ā¬70 billion of opportunities over the next two years that are well diversified by geography and marketĀ
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ā Major contract award in the USĀ Ā
We were awarded a major contract for Blue Point Number One ATR, the worldās largest low-carbon ammonia production facility in April
Consult the full results here š https://lnkd.in/gp8bBy6X
#TechnipEnergies #BePartOfTheSolution #Q1results #Financials