GTT : Strong momentum that should last
>What we expect for Q3 2024 - In Q3, we forecast sales at € 164m vs € 117.9m, up 37%. As such, for 9M our sales estimate stands at € 458.8m vs € 300m, up 53%, while the base effect was unfavourable (+35% for the reference 9M and +54% for Q3). This reflects a growth trend that is still extremely dynamic due to the level of the backlog. Our estimate is close to the consensus (€ 453.9m est.). Bear in mind that this momentum is due mainly to the LNG carrier business (87% ...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.
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.
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