Technip Energies NV (OTCPK:THNPF)
$ 26.648 0 (0%) Market Cap: 4.93 Bil Enterprise Value: 2.75 Bil PE Ratio: 13.44 PB Ratio: 2.41 GF Score: 75/100
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Q1 2024 Technip Energies NV Earnings Call Transcript

May 02, 2024 / 11:00AM GMT
Release Date Price: $25.4
Phillip Lindsay
Technip Energies NV - Vice President, Investor Relations

Hello, and welcome to Technip Energy's financial results for the first quarter of 2024. On the call today, our CEO on IPO, Tom will provide an overview of our Q1 performance and business highlights followed by Bruno, who will provide more details on our financial results. We'll then open the call for questions.

Before we start, I would encourage you to take note of the forward-looking statements on Slide 2. I will now pass the call over to Ana.

Arnaud Pieton
Technip Energies NV - Chief Executive Officer, Executive Director

Thank you, Phil, and welcome, everyone, to our results presentation for the first quarter where I will begin with the highlights. Q1 represents a solid quarter for Technip Energies with continued focus on operational excellence, good commercial momentum and progress in delivering on our 2024 strategic objectives. We delivered a strong financial performance with adjusted revenue of EUR1.5 billion, 5% year on year, an adjusted recurring EBIT margin of 7.3%,

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