Report
Jean-François Granjon

GTT : Confirmation of the high end of the guidance range

>Q3/9M publication a shade above our forecasts - GTT has published 9M sales of € 464.7m (€ 458.8m estimated, € 454.9m for the consensus) vs € 300m up 54.9%. For Q3 sales alone, the group reported growth of +42%. This is a good performance given the strong comparison base (+53.8%). This momentum is in line with the extremely robust order book. The new constructions activity (92% of the total) posted sales of € 429m up 57.4% and +62.2% for the methane/ethane carrier ac...
Underlying
Gaztransport & Technigaz SA

Gaztransport & Technigaz is an engineering company specialized in membrane containment systems for liquefied gas transport and storage. Co. designs and markets technologies which combine operational efficiency and safety to equip liquefied natural gas (LNG) carriers, LNG floating platforms and multi-gas transport vessels. Co. also provides solutions for onshore storage tanks and the use of LNG as a fuel for vessels propulsion as well as a wide range of services in engineering, consultancy, training, maintenance assistance and technical studies at each stage of the liquefied gas chain.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean-François Granjon

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