The group posted record revenue and EBITDA in 2025, driven by LNG and its technology activities. Despite a decline in net profit, it raised its dividend by 18% and announced a new share buyback program.
Technip Energies achieved a record performance in 2025, with adjusted revenue of €7.19 billion, up 5%, and adjusted recurring EBITDA of €637.9 million, also up 5%. The margin thus remained stable at 8.9%, in line with expectations. However, the group share of net profit fell to €363.8 million, compared with €390.3 million a year earlier, due to higher non-recurring items, which reached €80.8 million. The order book stood at €15.96 billion at the end of December, equivalent to 2.2 times the annual revenue, despite a negative currency effect of €808.5 million.
Project Delivery remains the main growth driver, with revenue rising 10% to €5.37 billion, fueled by LNG, decarbonization, and offshore projects. EBITDA increased by 7% to €432.4 million, but the margin slipped slightly to 8.1%, affected by a portfolio more focused on initial project phases. In the Technology, Products and Services segment, revenue declined by 9% to €1.82 billion, but profitability improved significantly: the margin rose by 140 basis points to 14.3%. The acquisition of Advanced Materials & Catalysts further strengthened the group’s position in advanced catalysts.
Dividend Up 18%
Financially robust, Technip Energies reported a net cash position close to €1 billion and net cash flow of €519.3 million in 2025. The board will propose a dividend of €1 per share, up 18%, and is preparing a share buyback program of up to €150 million in 2026. The consensus had not expected such a high dividend. For this fiscal year, the group is targeting between €6.3 and €6.7 billion in revenue for Project Delivery and between €2.0 and €2.2 billion in the TPS segment, moving closer to its medium-term goal of exceeding €800 million in EBITDA, set during the 2024 investor day.