Technip Energies Convenes 2025 AGM: A Pivotal Moment for Energy Transition

On May 6, 2025, Technip Energies will convene its Annual General Meeting (AGM) in Schiphol, the Netherlands. This event marks a pivotal moment for the global technology and engineering powerhouse, as it reflects on a year of significant achievements and sets the stage for future growth. The AGM will provide shareholders with a comprehensive overview of the company's 2024 performance, strategic initiatives, and future outlook.



Financial Performance and Strategic Priorities

Technip Energies' 2024 Annual Report, published on March 25, 2025, highlights a year of robust financial performance and strategic advancements. The company reported a 14% year-over-year revenue growth, with 2024 revenues reaching €6.9 billion, surpassing the top-end of the guidance range of €6.5 - 6.8 billion. This strong performance is underpinned by a 13% year-over-year increase in recurring EBITDA to €608 million and a 33% year-over-year increase in diluted EPS to €2.16.

The AGM will also discuss the company's order intake and backlog, which are crucial indicators of future revenue visibility. Technip Energies achieved an order intake of over €10 billion for the second consecutive year, with a backlog of approximately €20 billion, providing about three years of revenue visibility. This robust order intake and backlog reflect the company's strategic focus on diversifying its portfolio of solutions and customers, establishing leadership in new domains, and capitalizing on sizable prospects in LNG and decarbonization.

Key Resolutions and Agenda Items

The 2025 AGM is expected to cover several key resolutions and agenda items that will significantly impact the company's future direction and shareholder value. These include:

1. Approval of the 2024 Annual Report: The AGM will include the approval of the 2024 Annual Report, which details the company's financial performance, strategic initiatives, and sustainability efforts. The report highlights strong revenue growth of 14% year-over-year, with 2024 revenue of €6.9 billion exceeding the top-end of the guidance range. This financial performance is a testament to the company's robust business model and execution capabilities, which are crucial for maintaining shareholder confidence and value.

2. Dividend Proposal: The AGM will propose a 49% increase in the annual dividend to €0.85 per share. This proposal is based on the company's strong financial performance and confidence in its business outlook. As stated by the Chief Executive Officer, "Based on the strength of these results and confidence in our business outlook, we propose increasing our annual dividend by 49%." This increase in dividends will directly impact shareholder value by providing a higher return on investment.

3. Election of Board Members: The AGM will include the election of board members, which is crucial for the company's governance and strategic direction. The election of competent and experienced board members will ensure that the company continues to make informed decisions that drive growth and innovation.

4. Approval of Remuneration Report: The AGM will also include the approval of the 2024 Remuneration Report, which outlines the compensation packages for the company's executives and directors. This report is essential for ensuring that the company's leadership is adequately compensated for their contributions to the company's success while maintaining transparency and accountability.

5. Strategic Initiatives and Future Growth: The AGM will discuss the company's strategic initiatives and future growth plans, including its leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management. The company's complementary business segments, Technology, Products and Services (TPS) and Project Delivery, are poised to drive innovation and scalability, which are critical for the company's future growth and sustainability.

6. Sustainability and Decarbonization Efforts: The AGM will also discuss the company's sustainability and decarbonization efforts, which are essential for addressing climate change and meeting regulatory requirements. The company's commitment to sustainability is evident in its leadership positions in decarbonization infrastructure and its focus on developing critical markets such as energy, energy derivatives, decarbonization, and circularity.

Forward-Looking Outlook

Technip Energies' 2025 AGM will provide a forward-looking outlook on the company's strategic priorities and financial performance. The company's strong financial performance, robust order intake, and backlog, along with its strategic initiatives and sustainability efforts, position it well for future growth and success. The AGM will also discuss the company's proposed 49% dividend increase, which demonstrates its commitment to shareholder returns and financial health.

In summary, the convening of Technip Energies' 2025 AGM reflects the company's strategic priorities and financial performance, providing a platform for shareholders to review the company's achievements, discuss future strategies, and vote on key resolutions that will shape the company's direction in the coming years. The AGM is a critical event for the company, as it sets the stage for future growth and success in the energy transition sector.