|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||21.14 - 21.54|
|52-week range||14.60 - 24.78|
|Beta (5Y monthly)||0.82|
|PE ratio (TTM)||12.38|
|Forward dividend & yield||0.52 (2.44%)|
|Ex-dividend date||22 May 2023|
|1y target est||N/A|
Adjusted revenue for the first nine months of the year fell by nearly a quarter compared with 2022, hurt by a "significantly lower revenue contribution from LNG projects in Russia" as the company "ceased all activities" in the country, including the Arctic LNG2 project, from which the exit was completed this year, the company said. Technip Energies reiterated its statement saying it had always respected international sanctions, after the French newspaper Le Monde said mid-October the company had failed to do so by continuing to supply equipment to the Arctic LNG 2 project between August and October 2022. Technip reported a 548 million euros result in this division, while analysts polled by the company expected 908 million euros.
Technip Energies said in a statement after its shares fell as much as 22% that it had always respected international sanctions and its contractual obligations regarding the Arctic LNG2 project in Russia. "Technip Energies has worked with the relevant authorities and has complied with sanctions gradually imposed by the European Union, the United States and Britain," it said.
Eni (E)-owned chemical company Versalis signs an agreement with Technip Energies to integrate and develop advanced technologies for recycling of plastic waste.