Technip Energies releases transcript of H1 2026 financial results call

• Technip Energies’ H1 2026 results call drew CEO Arnaud Pieton, CFO Bruno Vibert, IR head Phillip Lindsay.
• H1 revenue EUR 3.7 billion; recurring EBITDA EUR 212 million, margin 5.8%, hit by Middle East disruption and provisions on disputed items.
• Project Delivery margin guidance cut to “5%-plus” on unchanged revenue outlook; conditions assumed to persist through year-end.
• CFO estimated incremental logistics, safety, continuity costs at about EUR 30-40 million per quarter; most assumed unrecovered in guidance so far.
• Order intake EUR 12.7 billion lifted backlog to about EUR 25 billion; gross cash EUR 4.8 billion; EUR 500 million bond priced; EUR 150 million buyback completed.

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