Gaztransport et technigaz SA (LTS:0QT5)
€ 132.1 1.05 (0.8%) Market Cap: 4.94 Bil Enterprise Value: 4.64 Bil PE Ratio: 17.27 PB Ratio: 11.82 GF Score: 95/100

Q3 2020 Gaztransport et Technigaz SA Corporate Sales Call Transcript

Oct 28, 2020 / 05:15PM GMT
Release Date Price: €80.05 (-3.15%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the GTT Third Quarter 2020 Activity Update. (Operator Instructions) I do have to advise you that the call is being recorded today on Wednesday, the 28th of October 2020.

I should now hand over to your host for today, Marc Haestier. Please go ahead.

Marc Haestier
Gaztransport & Technigaz SA - CFO

Thank you, and good evening, everybody. So without any further delay, I will start directly this presentation with the main highlights for the third quarter of 2020.

So first of all, in terms of core business, we've had a fairly good flow of orders. And also quite some diversification in the types of orders we have received.

In the third quarter, as such, we had 10 new orders, 6 for LNG carriers and 4 for the VLEC ethane carriers, very large ethane carriers. Which means that at the 30th of September, we've had a total of 28 new orders. 18 LNG carriers, 1 FSRU, 2 FSUs, 4 VLECs and 3 on storage, hence, the diversified portfolio of orders I was just mentioning.

Now

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