Published by Global Banking & Finance Review®
Posted on February 26, 2026
2 min readLast updated: April 2, 2026
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Technip Energies missed Q4 profit forecasts, with adjusted EBITDA at €159.9m versus €167m expected. It proposed a €1 dividend and launched a €150m buyback, while updating 2026 guidance for TPS and Project Delivery.
Feb 26 (Reuters) - French energy infrastructure company Technip Energies reported quarterly adjusted core profit below market expectations, while announcing a higher dividend payout and a 150 million euro share buyback program.
The company, which specialises in engineering and technology for the energy industry, said its adjusted recurring earnings before interest, taxes, depreciation and amortisation (EBITDA) reached 159.9 million euros ($188.8 million) in the quarter. This was below the 167 million euros expected by analysts in a company-compiled consensus.
Technip Energies proposed a dividend of 1 euro per share, up from 0.85 euro last year.
The engineering group is working on about 12 million euros of orders, adding to its 16 million euros backlog, CFO Bruno Vibert said on a media call. It expects to achieve its highest annual order intake ever in 2026, CEO Arnaud Pieton said in a press release.
Adjusted order intake totaled 4.64 billion euros in 2025, down almost 54% from the 10 billion in 2024.
The group has signed several major deals this year, including a contract from Commonwealth LNG for a project in the U.S. and the purchase of a U.S.-based chemicals group Ecovyst's Advanced Materials & Catalysts business.
However, some analysts have warned of a slowdown in energy transition, with UBS expecting "only modest momentum" in 2026 for Technip Energies.
Its technology, products & services segment (TPS), which is linked to energy transition spending, achieved revenue of 1.82 billion euros, at the lower end of the guided 1.8 billion to 2.2 billion euros.
The group now expects TPS revenue of 2 billion to 2.2 billion euros in 2026. Revenue in its other segment, project delivery, is expected to fall between 6.3 and 6.7 billion euros.
($1 = 0.8470 euros)
(Reporting by Vera Dvorakova and Lucie Barbier in Gdansk; Editing by Matt Scuffham)
Technip Energies reported Q4 results that missed profit forecasts and announced shareholder returns, including a €150m share buyback and a proposed €1 dividend, alongside updated 2026 guidance.
Adjusted recurring EBITDA came in at €159.9m, below the €167m consensus. Analysts cited softer energy-transition momentum and delayed investment decisions as headwinds.
Management guided TPS revenue to €2.0–€2.2bn and Project Delivery to €6.3–€6.7bn, and said it expects its highest annual order intake ever in 2026.
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