GAZTRANSPORT ET TECHNIGAZ WKN: A1XEHR ISIN: FR0011726835 Kürzel: GTT Forum: Aktien Thema: Hauptdiskussion

GTT hebt Prognose an: Umsatz steigt um 29 %, Aktie reagiert mit Kurssprung" https://de.investing.com/news/transcripts/gtt-hebt-prognose-an-umsatz-steigt-um-29--aktie-reagiert-mit-kurssprung-93CH-3212755

UBS hat die Coverage für Gaztransport & Technigaz (EPA:GTT) mit einem ’Buy’-Rating und einem Kursziel von 190,00 EUR aufgenommen. Dies entspricht einem Aufwärtspotenzial von rund 25 % gegenüber dem aktuellen Kursniveau. Das Ingenieurunternehmen verfügt über eine marktbeherrschende Stellung bei Containment-Systemen für Flüssiggastanker (LNGCs) und ist positioniert, um vom prognostizierten Wachstum des globalen LNG-Volumens zu profitieren, das nach Einschätzung von UBS zwischen 2024 und 2030 um 42 % zunehmen soll. Die proprietäre Membrantechnologie von GTT und die hohen Markteintrittsbarrieren dürften es dem Unternehmen ermöglichen, von der Branchenexpansion zu profitieren. UBS prognostiziert für GTT bis 2030 einen Umsatzanstieg von 60 %. UBS erwartet, dass finale Investitionsentscheidungen (FIDs) für Projekte in den kommenden 12 bis 18 Monaten neue Aufträge für GTT nach sich ziehen werden. Dies folgt auf eine von der Bank als ruhiger beschriebene Phase im Jahr 2024 und in der ersten Jahreshälfte 2025. Die Bank geht davon aus, dass diese bevorstehenden Projektentscheidungen die Kursentwicklung der GTT-Aktie stützen werden, sobald die aktuelle, auftragsschwächere Periode endet.

Gaztransport & Technigaz GTT Last Price €165.00 My Fair Value Select First half 2025 earnings released: EPS: €4.86 (vs €4.61 in 1H 2024) First half 2025 results: EPS: €4.86 (up from €4.61 in 1H 2024). Revenue: €388.7m (up 32% from 1H 2024). Net income: €180.0m (up 5.7% from 1H 2024). Profit margin: 46% (down from 58% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Oil and Gas industry in France. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.

Full year 2024 earnings released: EPS: €9.40 (vs €5.45 in FY 2023) Full year 2024 results: EPS: €9.40 (up from €5.45 in FY 2023). Revenue: €641.4m (up 50% from FY 2023). Net income: €347.8m (up 73% from FY 2023). Profit margin: 54% (up from 47% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Oil and Gas industry in France. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.

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Gaztransport et Technigaz SA (GTT) meldete eine robuste Finanzleistung für das vierte Quartal 2024, was zu einem deutlichen Anstieg des Aktienkurses führte. Der Umsatz des Unternehmens stieg im Jahresvergleich um 50% auf 1,9 Milliarden Euro, während das EBITDA um 66-68% auf 675 Millionen Euro zulegte. Diese starke Performance trieb die GTT-Aktie um 14,35% nach oben und ließ sie nahe ihrem 52-Wochen-Hoch schließen. Wichtige Erkenntnisse: - Der Umsatz wuchs im Jahresvergleich um 50% auf 1,9 Milliarden Euro. - Das EBITDA stieg um 66-68%, wobei sich die Marge auf 61% verbesserte. - Der Aktienkurs legte um 14,35% zu und näherte sich seinem 52-Wochen-Hoch. - Das Unternehmen schlug eine Dividendenausschüttung von 80% des konsolidierten Nettogewinns vor. - GTT erweiterte seine digitale Flottenüberwachung und meldete 62 neue Patente an. Unternehmensleistung GTTs Leistung im Jahr 2024 zeigte ein beträchtliches Wachstum, insbesondere in den Segmenten LNG und digitale Dienstleistungen. Das Unternehmen profitierte von einem wachsenden LNG-Markt, für den ein jährliches Wachstum von 5,7% erwartet wird. Darüber hinaus stärkten GTTs strategische Initiativen in den Bereichen digitale Dienste und Innovation seine Wettbewerbsposition. Finanzielle Höhepunkte - Umsatz: 1,9 Milliarden Euro, ein Plus von 50% im Jahresvergleich. - EBITDA: 675 Millionen Euro, ein Anstieg um 66-68%. - EBITDA-Marge: Erhöhung auf 61% von 55% im Jahr 2023. - Vorgeschlagene Dividende: 80% des konsolidierten Nettogewinns, eine Steigerung von 72% pro Aktie.

Ich werde aber wahrscheinlich trotzdem bald verkaufen. Da bleibt einfach zu viel an der französischen Quellensteuer kleben.

earnings call. EBITDA +65%, 7.5 Euro Dividende.

Gibt es News ?

GTT Q3 2024 Activity Update – 25 October 2024 EY HIGHLIGHTS 9M 2024 strong revenue growth (+54.9% vs 9M 2023) Revenues from newbuilds (royalties): • €429.0 million, +57.4% vs 9M 2023 • Revenues from LNGC and Ethane carriers: +62.2%, due to higher number of LNG carriers under construction, generating additional revenue • Revenues from LNG as fuel still growing (+22.0%), thanks to 2021 and 2022 strong order flow 9M 2024 revenues from Elogen: • €6.6 million, -1.3% vs 9M 2023 9M 2024 revenues from Services: • €29.1 million, +40.7% vs 9M 2023 Very good momentum for Services to vessels in operation, including Digital services, as well as for pre-engineering studies

Key Insights Gaztransport & Technigaz's estimated fair value is €168 based on 2 Stage Free Cash Flow to Equity Current share price of €119 suggests Gaztransport & Technigaz is potentially 29% undervalued The €165 analyst price target for GTT is 2.1% less than our estimate of fair value How far off is Gaztransport & Technigaz SA (EPA:GTT) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Don't get put off by the jargon, the math behind it is actually quite straightforward. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

Heute neues Allzeithoch 😊

Paris – February 26, 2024. GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, today announces its results for the 2023 financial year. Commenting on the results, Philippe Berterottière, Chairman and CEO of GTT, said: “With a total of 73 LNG carrier orders, two ethane carrier orders, and one FLNG unit order in the financial year 2023, the commercial performance of our core business remains buoyant. Demand for LNG remains particularly high and sustainable, as borne out by the number of final investment decisions for new liquefaction plants – involving substantial volumes – that were confirmed at the beginning of the financial year. Continued strong demand for LNG, coupled with the construction of new liquefaction plants, will continue to fuel further demand for LNG carriers. In addition, with the ageing of fleets and the introduction of new environmental regulations, the replacement market is expected to grow in the coming years. For LNG as fuel, GTT booked 15 orders in 2023, with commercial momentum benefitting from a return to normal LNG spot prices. In 2023, Ascenz Marorka was awarded several major contracts with leading ship-owners, highlighting the relevance of our digital solutions. Furthermore, we are also announcing today the acquisition of VPS, a Danish company specialising in ship performance management. Finally, Elogen, our subsidiary specialising in PEM electrolysers for green hydrogen production, posted a strong increase in revenues. With the January 2024 launch of construction of its gigafactory in Vendôme, Elogen also achieved a major milestone in its move towards mass production. The GTT Group continues to pursue its ongoing efforts in R&D and innovation, as evidenced by the numerous new approvals obtained from classification societies in 2023, notably in the fields of alternative fuels and liquid hydrogen transport. On the financial front, revenues rose significantly in the financial year 2023 – up 39% compared to 2022 – driven by the progressive increase in the number of LNG carriers under construction, Elogen’s growth, and the services business line. EBITDA increased by 46% in 2023 to stand at 235 million euros, due to sound cost management and the absence of significant delays in shipbuilding schedules. GTT benefits from very strong visibility on its core business over the coming years, with cumulated revenues for the period from 2024 to 2029 amounting to 1,815 million euros. Regarding our outlook for the current year, considering the distribution of order book over time, we estimate that consolidated revenues for 2024 should be within the range of 600 to 640 million euros, and consolidated EBITDA within the range of 345 to 385 million euros, and we maintain our commitment to distribute at least 80% of the Group’s net income[2] for the 2024 financial year.”   

2024-02-26 Key figures for the 2023 financial year Consolidated revenues: 428 million euros, up 39.2% compared to 2022 Consolidated EBITDA: 235 million euros, up 45.6% compared to 2022 Proposed dividend: 4.36 euros per share[1], up 40.6% compared to 2022 Highlights Order book at a record level with 311 units for the core business and 76 units for the LNG as fuel business Numerous approvals in principle, notably in the field of liquid hydrogen transport and for the innovative three-tank LNG carrier concept, highlighting the dynamism of the Group’s R&D Construction of the Elogen gigafactory commenced in early 2024 Outlook Very good visibility on core business, with 1,815 million euros in cumulated revenues over the period from 2024 to 2029 2024 guidance: 2024 consolidated revenues between 600 million euros and 640 million euros; Consolidated EBITDA for 2024 between 345 and 385 million euros; 2024 dividend payout of at least 80% of consolidated net income.

Ex Dividende 12.12.2023, 1,85 €

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