Technip Energies N.V. Non-GAAP EPS of €0.41, revenue of €1.7B

Apr. 25, 2022 1:41 AM ETTechnip Energies N.V. (THNPY), THNPFBy: Meghavi Singh, SA News Editor3 Comments
  • Technip Energies N.V. press release (OTCPK:THNPY): Q1 Non-GAAP EPS of €0.41.
  • Revenue of €1.7B (+13.3% Y/Y).
  • Adjusted Order Intake for Q1 2022 of €551.7M, equivalent to a book-to-bill of 0.3.
  • Adjusted backlog decreased by 12% year-over-year to €15,632.4M, equivalent to 2.3x 2021 revenue.
  • Adjusted net cash at March 31, 2022 was €3.3B, which compares to Adjusted net cash at December 31, 2021 of €3.1B.
  • FY 2022 Financial framework: Adjusted Revenue of €5.0B-€5.5B vs. estimated decline in growth of -11.57% Y/Y; Adj. recurring EBIT margin of at least 6.5% and effective tax rate of  28%-32%.

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