GTT, or Gaztransport & Technigaz $GTT (+8,16 %)has just published its results for the 2024 financial year and the figures are impressive! Turnover increased by 50% to 641 million euros, while EBITDA climbed by a whopping 65% to 388 million euros. Who would have thought? 😲
The company has an order backlog of almost 2 billion euros, which ensures a high level of planning security. Turnover of between 750 and 800 million euros is expected for 2025. The dividend is also set to rise sharply - to at least 7.50 euros per share.
Demand for LNG (liquefied natural gas) is booming, and GTT is benefiting from this with many new orders. What do you think of these figures? Is GTT an interesting stock for your portfolio? Let's discuss it!