Record order intake pushes Technip’s revenue up

LNG engineer Technip said its revenue rose 16 percent to €10.7 billion in 2014 as compared to the year before.

The company won a record amount of new work with order intake of €15.3 billion resulting in a €21 billion backlog of high quality and diversified projects, Thierry Pilenko, Chairman and CEO of Technip said.

According to Pilenko, Technip’s adjusted operating profit reached €825 million with particularly strong performance in the technology, services and equipment parts of the company’s business.

“For 2015, based on our record €21 billion backlog, we are able to give clear guidance for revenue and profit growth and our main focus will again be on delivering our projects in line with our clients’ expectations,” he added.

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LNG World News Staff; Image: Technip

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