GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, announced its results for the 2025 financial year.
Key figures for the 2025 financial year
|
2024 |
2025 |
2025/2024 |
|
|
Consolidated revenues |
€641 M |
€803 M |
+25% |
|
Consolidated EBITDA |
€388 M |
€542 M |
+40% |
|
Proposed dividend |
€7.50 |
€8.94 |
+19% |
Highlights
- 45 orders received during the financial year, including 37 orders for LNG carriers, of which 18 in the fourth quarter
- Order book with 288 units for the core business and 48 units for the LNG as fuel business
- Record number of final investment decisions in new LNG trains (84 Mtpa) in 2025, expected to lead to a significant increase in the need for new LNG carriers
- Acceleration and change of scale in the field of marine and digital solutions with the acquisition of Danelec
- Refocusing of Elogen’s business model and implementation of measures planned as part of the strategic review
2026 guidance:
- 2026 consolidated revenues between €740 M and €780 M;
- 2026 consolidated EBITDA between €490 M and €530 M;
- Dividend policy maintained.
Commenting on the results, François Michel, Chief Executive Officer of GTT, said:
“GTT is building on the global momentum for liquefied natural gas and posted a record financial performance in 2025 for the third consecutive year. After a period of uncertainty related to the international context that negatively impacted the first part of the year, the fundamentals of LNG demand led to a record volume of investment decisions for new liquefaction units, thus increasing visibility on our growth potential.
The strong upturn in LNG carrier orders during the fourth quarter of 2025 and at the beginning of 2026 to meet the rise in LNG demand reaffirmed GTT’s central role in this value chain. We will continue to pay particular attention to the evolving needs of our customers and stakeholders in the energy and maritime transportation industry. The combination of this position and our expertise forms the basis of our innovation strategy, the achievements of which were again recognised by several classification societies throughout the year. The Group has also continued to invest in advanced technologies.
Our maritime and digital division was strengthened through the acquisition of Danelec in late July. We are thus expanding our service platform, enabling ship-owners and charterers to benefit from our expertise and assistance to best optimise the operation of their fleet.
In financial terms, GTT posted an increase in revenues of 25%. This performance is the result of the particularly significant level of orders received in 2022 and 2023 and the continued commitment of the GTT teams, to whom I would like to give special thanks. EBITDA showed a sharp increase of 40%, confirming the Group’s discipline in terms of cost control and its ability to ensure the profitability of its business”.