Technip Energies Nv · EURONEXT:TE

Technip Energies Nv — 9M 2025 Earnings Presentation

36 slides from Technip Energies Nv's earnings presentation, Oct 30, 2025

  1. Slide 1: 9M 2025 Results: Executing

    9M 2025 Results Executing A strong company for the long term October 30, 2025

  2. Slide 2: Welcome: Agenda and Today's Speakers

    Welcome Agenda Today’s speakers Business highlights Arnaud Pieton Chief Executive Officer Financial highlights Bruno Vibert Chief Financial Officer Outlook & Conclusion Arnaud Pieton Bruno Vibert Chief Executive Officer Chief Financial Officer Arnaud Pieton Chief Executive Officer Technip Energies –

  3. Slide 3: Disclaimer

    Disclaimer This presentation contains forward-looking when made, there can be no assurance that future and in the Company’s 2025 Half-Year Report filed statements that reflect Technip Energies’ (the developments affecting the Company will be those on July 31, 2025 with the AFM and the AMF, which “Co

  4. Slide 4: Business Highlights

    SECTION 1 Business Highlights ARNAUD PIETON CHIEF EXECUTIVE OFFICER Technip Energies – 9M 2025 Results 4

  5. Slide 5: 9M 2025 – Delivering on our strategic trajectory

    9M 2025 – Delivering on our strategic trajectory REVENUE RECURRING EBITDA Solid 9M performance, on € 5.4bn € 478m track for FY 2025 guidance 9M 2024: € 5.0bn 9M 2024: € 439m T.EN to acquire Ecovysts’ AM&C3 to enhance TPS offering BACKLOG1 FREE CASH FLOW2 € 16.8bn € 416m Major award4 in the US for Co

  6. Slide 6: Key Q3 2025 operational highlights

    Key Q3 2025 operational highlights Gas & LNG Energy derivatives NFE: Progressing of pre- Borouge IV Ethylene project : commissioning activities for Train 8 Initiated flushing of the critical cooling PROJECT NEED and started steam production. water network and completed DELIVERY PHOTOS NFS: Installat

  7. Slide 7: Major award in the USA utilizing SnapLNG by T.EN

    Major award in the USA utilizing SnapLNG by T.ENTM COMMONWEALTH LNG, USA Major1 EPC contract follows successful completion of FEED SnapLNG by TENTM enables cost and schedule optimization Strengthens global leadership in LNG and modularization 9.5 Mtpa 6 LNG production capacity Liquefaction trains Cl

  8. Slide 8: Key commercial successes in LNG and circularity

    Key commercial successes in LNG and circularity ENERGY CIRCULARITY CORAL NORTE, MOZAMBIQUE ABADI LNG, INDONESIA ECOPLANTA, SPAIN Large1 contract to Two significant FEED Two engineering services perform preliminary contracts for a landmark contracts for a first-of-a-kind activities2 for a FLNG unit d

  9. Slide 9: AM&C – a strategic and financially accretive acquisition

    AM&C – a strategic and financially accretive acquisition Strategic Financial TECHNOLOGY ACQUISITION CAPITAL DISCIPLINE Complements existing portfolio; A value-driven approach to M&A expands value chain positioning FOCUS ON TECHNOLOGIES & PRODUCTS QUALITY OF EARNINGS Enhances capabilities in material

  10. Slide 10: AM&C post-closing enhances TPS offering across the lifecycle

    AM&C post-closing enhances TPS offering across the lifecycle EXPANDING OUR VALUE POOLS TO ENHANCE QUALITY OF EARNINGS Project Engineering Engineering & Fabrication & Operations & Maintenance life cycle Services Procurement Construction TECHNOLOGY LICENSING TP offering PROPRIETARY EQUIPMENT SUPPLY CA

  11. Slide 11: Financial Highlights

    SECTION 2 Financial Highlights BRUNO VIBERT CHIEF FINANCIAL OFFICER Technip Energies – 9M 2025 Results 11

  12. Slide 12: 9M 2025 Financial highlights

    9M 2025 Financial highlights REVENUE RECURRING EBITDA RECURRING EBITDA % € 5.4bn € 478m 8.8% 9M 2024: € 5.0bn 9M 2024: € 439m 9M 2024: 8.8% EPS (DILUTED) FCF CONVERSION1 FCF, excl. W.cap2 € 1.58 87% € 416m 9M 2024: € 1.55 9M 2024: 82% 9M 2024: € 360m Financial information is presented under adjusted

  13. Slide 13: Segment performance: Project Delivery

    Segment performance: Project Delivery Significant year-over-year growth for both topline and bottom line REVENUE RECURRING RECURRING BACKLOG Revenue: Solid Y/Y growth benefiting from EBITDA EBIT activity growth within LNG portfolio and In €m In €m In €m In €m ramp-up of GranMorgu offshore project. R

  14. Slide 14: Segment performance: Technology, Products & Services

    Segment performance: Technology, Products & Services Material expansion in margins REVENUE RECURRING RECURRING BACKLOG Revenue: Reduced ethylene furnaces EBITDA EBIT contribution, partially offset by strong volumes In €m In €m In €m In €m in consultancy, engineering services and studies, and growth

  15. Slide 15: 9M 2025 other key metrics and balance sheet

    9M 2025 other key metrics and balance sheet Corporate costs € 46.3 million Trending lower compared H1 2025 run-rate. Income Lower Y/Y in line with reducing global interest Net financial income € 70.5 million rates trend. Statement Incl. ~€35 million for strategic initiatives and Non-recurring items

  16. Slide 16: Consistent strength in free cash flow generation

    Consistent strength in free cash flow generation CASH FLOW BRIDGE In €m • Operating cash flow: €523m; Free cash flow1: €463m, includes €47m inflow from working capital 416 47 and provisions. (223) • Free cash flow, excluding working capital impact: 4,058 4,071 €416m. (228) ✓ Free cash conversion fro

  17. Slide 17: Outlook & Conclusion

    SECTION 3 Outlook & Conclusion ARNAUD PIETON CHIEF EXECUTIVE OFFICER Technip Energies – 9M 2025 Results 17

  18. Slide 18: Positioned to thrive in any energy scenario

    Technip Energies – positioned to thrive in any energy scenario SOLID MEGA TRENDS LEADING TO GROWTH OPPORTUNITIES ACROSS ALL ENERGIES • Energy access & affordability at the forefront Population growth ENERGY • Significant LNG expansion through 2040 • New offshore oil fields; offset production in decl

  19. Slide 19: Key takeaways

    Key takeaways Solid 9M results Award momentum Disciplined growth • Y/Y growth of 9% in revenue and • Major award2 for • Accretive acquisition of AM&C; 9% in EBITDA Commonwealth LNG in the US enhancing TPS offering • FCF generation of €416m; FCF • Notable near-term prospects, • Building for the long-

  20. Slide 20: 9M 2025 Results Q&A

    9M 2025 Results Q&A October 30, 2025

  21. Slide 21: Appendix

    Appendix 27th February 2025

  22. Slide 22: Backlog schedule

    Backlog schedule FULL COMPANY: €16.8 bn €1.8 bn €6.8 bn €8.2 bn 2025 (3M) 2026 2027+ → PROJECT DELIVERY: €16.2 bn €1.3 bn €6.0 bn €7.8 bn 2025 (3M) 2026 2027+ + TECHNOLOGY, PRODUCTS & SERVICES: €1.8bn €0.5 bn €0.8 bn €0.4 bn 2025 (3M) 2026 2027+ Adjusted backlog at Septmebr 30, 2025, has been negati

  23. Slide 23: 2025 Segment guidance

    2025 Segment guidance PROJECT DELIVERY TECHNOLOGY, PRODUCTS & SERVICES REVENUE EBITDA MARGIN1 REVENUE EBITDA MARGIN1 UPDATED GUIDANCE €5.2 - 5.6bn ~8% €1.8 - 2.2bn 14.0% - 14.5% EFFECTIVE TAX RATE2 CORPORATE COSTS R&D SPEND ADJACENT BUSINESS MODEL INVESTMENT3 OTHER ITEMS 26% - 30% €50 - 60m ~€70m <€

  24. Slide 24: Adjusted statements of income – 9M 2025

    Adjusted statements of income – 9M 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results 24

  25. Slide 25: Adjusted statements of income – Q3 2025

    Adjusted statements of income – Q3 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results 25

  26. Slide 26: Adjusted statements of income: Reconciliation 9M 2025

    Adjusted statements of income Reconciliation between IFRS and Adjusted – 9M 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results

  27. Slide 27: Adjusted statements of income: Reconciliation 9M 2024

    Adjusted statements of income Reconciliation between IFRS and Adjusted – 9M 2024 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results

  28. Slide 28: Adjusted statements of income: Reconciliation Q3 2025

    Adjusted statements of income Reconciliation between IFRS and Adjusted – Q3 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results

  29. Slide 29: Adjusted statements of income: Reconciliation Q3 2024

    Adjusted statements of income Reconciliation between IFRS and Adjusted – Q3 2024 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results

  30. Slide 30: Adjusted statements of financial position

    Adjusted statements of financial position Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results 30

  31. Slide 31: Adjusted statements of cashflows

    Adjusted statements of cashflows Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2025 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2025 Results 31

  32. Slide 32: Differentiated capital structure

    Differentiated capital structure Net liquidity, Sept 30, 2025 (€m) Gross cash / debt, Sept 30, 2025 (€m) 750 4,821 4,071 Commercial paper & others 4,071 152 the Notes1 3,319 600 Cash RCF Liquidity Cash Gross debt Net Rounded numbers • Robust liquidity position comprised of €4.0 billion of gross cash

  33. Slide 33: Stock information and ADR

    Stock information and ADR Stock ADR Program Listing: Euronext Paris / CAC Next 20 & CAC Large 60 indices Ticker code: TE / ISIN code: NL0014559478 Exchange: Over-the-Counter Free float: 129.7 million / Outstanding shares: 178.4 million Ratio: 1 ADR : 1 ORD Market Cap on September 30, 2025: €7.3 bill

  34. Slide 34: A balanced shareholder structure

    A balanced shareholder structure Half year review Full Equity Split Institutional Investors As a % of Shares Outstanding Regional split Retail Rest of World Other incl. hedge funds 6% Europe 3% 8% 11% T.EN treasury 27% France 2% Institutional 58% (long only) 26% UK & Ireland 27% Strategic shareholde

  35. Slide 35: Upcoming investor relations events

    Technip Energies upcoming investor relations events Nov 3 Nov 12 Nov 17 Dec 4 Dec 9 Jan 8 w/c Jan 5 Investor J.P.MORGAN GOLDMAN SACHS BNP BERENBERG CIC Forum by ODDO - Broker-organized conferences Global Energy Carbonomics PARIBAS EXANE European Market Solutions 29th ODDO Back-to-school Conference C

  36. Slide 36: Investor Relations

    Investor Relations Phillip Lindsay Vice President, Investor Relations Tel: +44 20 7585 5051 phillip.lindsay@ten.com Investor Relations David Trevalinet Manager, Investor Relations Tel: +33 1 47 78 21 74 david.trevalinet@ten.com Technip Energies – 9M 2025 Results 36

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