Gaztransport et technigaz SA (STU:9TG)
€ 136.1 -0.9 (-0.66%) Market Cap: 5.09 Bil Enterprise Value: 4.78 Bil PE Ratio: 17.14 PB Ratio: 11.73 GF Score: 93/100

Full Year 2018 Gaztransport et Technigaz SA Earnings Call Transcript

Feb 27, 2019 / 07:30AM GMT
Release Date Price: €80 (+3.96%)
Philippe BerterottiÃ;re;tÃ;Anonyme;Chairman;CEO
Gaztransport & Technigaz SociÃ

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Good evening, everybody. I'm very pleased to be with you today to present to you the 2018 results, exactly 5 years after the IPO of GTT. So it's very right time to look at what we achieved over these past 5 years and to what we can do in the coming years.

So just some words to briefly introduce you to the company and to what we achieved in 2018. You can see that the turnover has reached a figure of EUR 246 million in 2018, which represents an increase of about 6% compared to 2017. And the income has come to EUR 143 million, representing an increase of about 13% compared to 2017.

So that represents in fact the fact that, more and more, the world is recognizing that GTT is a global leader in technology for containment systems.

Well, some key highlights. We obtained 51 orders in 2018: 48 LNG carriers, 2 FSRUs, 1 onshore storage. We delivered in 2018 42 ships, so less than the number of ships we signed for.

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