Technip Energies releases transcript of Q1 2026 results conference call

T1 Energy

T1 Energy

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  • Technip Energies management discussed Q1 2026 results on April 30, 2026, with CEO Arnaud Pieton, CFO Bruno Vibert, Vice President Investor Relations Phillip Lindsay attending.
  • Q1 revenue fell 4% to €1.8 billion; EBITDA declined 8% to €149 million as Middle East conflict drove site disruptions, logistics constraints, safety costs.
  • Conditional 2026 outlook assumes normalization by end-Q2; €500-€600 million of revenue expected to be deferred beyond 2026, with no backlog cancellations.
  • Project Delivery guidance reset to €5.7-€6.3 billion revenue with 6.5%-7.5% EBITDA margin; TPS revenue range widened to €1.9-€2.2 billion with margin view unchanged.
  • Order intake exceeded €6 billion in Q1, lifting backlog above €20 billion; management cited dedicated repair team for damaged Qatar LNG trains, with reconstruction work expected to skew toward services or reimbursable contracting structures.


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