Technip Energies H1 2026 net profit drops 49.8% to €96.6 million; IFRS revenue rises 6.2% to €3.82 billion

Reuters2026/07/30 05:35

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Technip Energies H1 2026 net profit fell 48.96% to €96.6 million as revenue rose 6.23% to €3.82 billion under IFRS.
Adjusted IFRS recurring EBITDA dropped 33% to €212.3 million, shrinking the margin 2.9 percentage points to 5.8%.
Adjusted IFRS order intake more than doubled to €12.73 billion, lifting backlog 57% to a record €25.04 billion.
CEO Arnaud Pieton said H1 performance was hit by operational and contractual challenges linked to the Middle East situation, with projects still mobilized.
2026 guidance cut Project Delivery EBITDA margin to >5.0% from 6.5%-7.5%, raised TPS margin view to about 15% from about 14.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Technip Energies NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300130OMX_____CNEWS_EN_GNW1001255067_en) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Technip Energies H1 2026 net profit drops 49.8% to €96.6 million; IFRS revenue rises 6.2% to €3.82 billion

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