2024-07-26 16:10:24 ET
Gaztransport & Technigaz SA (GZPZF)
Q2 2024 Results Conference Call
July 26, 2024 03:00 AM ET
Company Participants
Jean-Baptiste Choimet - CEO of GTT
Thierry Hochoa - Group CFO
Conference Call Participants
Richard Dawson - Berenberg
Kevin Roger - Kepler Cheuvreux
Daniel Thomson - BNP Paribas Exane
Jean-Francois Granjon - ODDO BHS
Jean-Luc Romain - CIC
Guillaume Delaby - Bernstein
Presentation
Jean-Baptiste Choimet
Good morning, everyone. I am pleased to welcome you to the presentation of GTT's Financial Results for the First Half of 2024. I am Jean-Baptiste Choimet, CEO of GTT. I'm afraid today we are together only virtually. As you know, Paris is hosting the Olympic games, and we had to adapt our logistics.
Anyway, I look forward to meeting you in person in the coming weeks to continue the conversation we will start today. Joining me this morning is Thierry Hochoa, our Group CFO. Before we open the floor for a Q&A session, we will cover the following points. First, the highlights for the first half of the year.
I will then give you an in-depth look at our core activities, including our core business, LNG as fuel, Services and Elogen. Then Thierry present an overview of GTT's strategic ventures activity, followed by the financials, and I will conclude the presentation.
So let's begin with some key figures. The first half of 2024 has been characterized by very high level of activity with 58 new orders for our core business. Our financial performance has been very strong. Revenue for the first half stands at €295 million, representing a €0.66 increase compared to the first half of 2023. Our EBITDA has reached €177 million, up 70% from last year with an EBITDA margin standing at a robust 60%....
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Gaztransport & Technigaz SA (GZPZF) Q2 2024 Earnings Call Transcript