- GTT’s net income for the fiscal year was €347.8 million, surpassing the estimate of €323.5 million.
- A dividend of €7.50 per share is declared to shareholders.
- The company reported revenues of €641.4 million, which exceeded the expected €631.4 million.
- Newbuilds revenue came in at €591.1 million, surpassing the forecast of €582.1 million.
- Services revenue was €23.3 million, falling short of the €37.6 million estimate.
- GTT forecasts consolidated revenues for 2025 to range between €750 to €800 million, with EBITDA projected to be between €490 and €540 million.
- The demand for LNG is rising, driven by investments in liquefaction plants and the expansion of shipyard construction capabilities.
- New liquefaction projects in the United States are expected by the end of 2025, spurring growth in the replacement market due to ageing fleets and tighter environmental regulations.
- The Services division achieved significant growth by securing framework agreements with ship-owners like Jovo and Maran Tankers and conducting pre-project studies.
- Revenues for the 2024 financial year saw a robust 50% increase compared to 2023, propelled by more LNG carriers under construction.
- Analyst sentiment towards GTT remains positive with 7 buy recommendations and 1 hold, indicative of market confidence in the company’s outlook.
A look at Gaztransport Et Technigaz Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Gaztransport Et Technigaz Sa is positioned for a positive long-term outlook. With high scores in Growth and Resilience, the company shows strength in its potential for expansion and its ability to weather market challenges. A strong Dividend score also indicates a commitment to rewarding investors. While the Value and Momentum scores are slightly lower, the overall outlook for Gaztransport Et Technigaz Sa appears promising.
Gaztransport Et Technigaz Sa, an engineering company, specializes in providing cargo containment systems for liquefied natural gas carriers and land storage of liquefied natural gas carriers. With solid scores across various factors, including Growth, Resilience, and Dividend, the company demonstrates a robust foundation for sustained success in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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