Technip Energies Nv · EURONEXT:TE
Technip Energies Nv — 9M 2026 Earnings Presentation
37 slides from Technip Energies Nv's earnings presentation, Oct 27, 2026
Slide 1: 9M 2026 Results: Managing the near-term; Strengthening long-term fundamentals
9M 2026 Results Managing the near-term; Strengthening long-term fundamentals October 29, 2026
Slide 2: Welcome
Welcome Agenda Today’s speakers Business highlights Arnaud Pieton Financial highlights Bruno Vibert Outlook & Conclusion Arnaud Pieton Bruno Vibert Chief Executive Officer Chief Financial Officer Arnaud Pieton Technip Energies – 9M 2026 Results 2
Slide 3: Disclaimer
Disclaimer This presentation forward-looking statements that when made, there can be no assurance that future French Autorité des Marchés Financiers (AMF) and reflect Technip Energies’ (the “Company”) developments affecting the Company will be those in the Company’s 2026 Half-Year Report filed on in
Slide 4: Business Highlights
SECTION 1 Business Highlights ARNAUD PIETON CHIEF EXECUTIVE OFFICER Technip Energies – 9M 2026 Results 4
Slide 5: 9M 2026 – Key highlights
9M 2026 – Key highlights REVENUE RECURRING EBITDA € 5.6bn € 385m 9M performance consistent with FY 2026 guidance; resilient FCF generation 9M 2025: € 5.4bn 9M 2025: € 478m ORDER INTAKE BACKLOG Strong awards reinforcing global € 14.1bn € 24.5bn diversification strategy; backlog close to historic high
Slide 6: Middle East: operational continuity and financial performance
Middle East: operational continuity and financial performance OPERATIONAL FINANCIAL Operations: projects continue to progress Incremental costs: run rate remains despite the ongoing conflict in-line with Q2 2026 trend Logistics: deployment of alternative Contracts: strong protection with solutions,
Slide 7: Strong commercial momentum
Strong commercial momentum ORDER INTAKE EVOLUTION (€bn) KEY Q3 2026 AWARDS & ALLIANCES LNG FEED and PMC contracts, NAM1 & Southeast Asia Nuclear EPR2 program frame agreement with EDF, France 14.1 SERVICES €1.4bn Q3 2026 SAF Study for industrial-scale RNG2-to-jet fuel facility, US Mix of Two five-yea
Slide 8: Progressing on adjacent business models
Progressing on adjacent business models Technology Industrialization Commercial • Tested and proven: • Feedstock secured to meet REGENERATION OF POST- rPET1 production >30 tonnes at RH02 7 €135m Dutch NIKI capacity of Regeneration Hub One • Joint Product Developments • Quality: consistent TRL3 fundi
Slide 9: Financial Highlights
SECTION 2 Financial Highlights BRUNO VIBERT CHIEF FINANCIAL OFFICER Technip Energies – 9M 2026 Results 9
Slide 10: 9M 2026 Financial highlights
9M 2026 Financial highlights REVENUE RECURRING EBITDA RECURRING EBITDA % € 5.6bn € 385m 6.9% 9M 2025: € 5.4bn 9M 2025: € 478m 9M 2025: 8.8% FCF CONVERSION1 FCF, EXCL. W. CAP BOOK-TO-BILL 87% € 336m 2.5 9M 2025: 87% 9M 2025: € 416m 9M 2025: 0.6 Financial information is presented under adjusted IFRS (
Slide 11: Segment performance: Project Delivery
Segment performance: Project Delivery Business performance stabilizing after challenging first half REVENUE EBITDA BACKLOG Revenue €m €m €m • Highest-ever quarterly revenue in Q3 2026. • Y/Y activity growth in LNG and decarbonization projects. Effective deployment of logistics solutions +4% -33% +59
Slide 12: Segment performance: Technology, Products & Services
Segment performance: Technology, Products & Services Healthy margin development on a stable revenue base REVENUE EBITDA BACKLOG Revenue €m €m €m • Increased contribution from CO2 capture proprietary equipment, consulting & engineering services, plus AM&C contribution, more than offset reduced ethyle
Slide 13: 9M 2026 other key metrics and balance sheet
9M 2026 other key metrics and balance sheet Corporate costs € 50 million Trending towards low-end of guidance. Income Net financial income € 66 million Benefiting from rising global interest rates. Statement Effective tax rate 31.6% In line with FY guidance. Net contract liability € 4.4 billion High
Slide 14: Consistent strength in free cash flow generation
Consistent strength in free cash flow generation CASH FLOW BRIDGE • Operating cash flow: €1.1bn; Free cash flow1: €1.1bn, after €723m inflow from working capital and In €m provisions. ✓ Free cash flow, excluding working capital & 723 18 38 4,958 provisions impact: €336m. ✓ Free cash conversion from
Slide 15: Accounting matters: IFRS 18
Accounting matters: IFRS 18 A presentation and disclosure modification, not a change in economics New income statement categories Illustrative impact on 9M 2026 • Operating, Investing and Financing Adjusted recurring EBITDA / PBFTDA ✓ Investing to include financial income (In €M) Two new required su
Slide 16: Outlook & Conclusion
SECTION 3 Outlook & Conclusion ARNAUD PIETON CHIEF EXECUTIVE OFFICER Technip Energies – 9M 2026 Results 16
Slide 17: A view from T.EN – well positioned for long-term growth
A view from T.EN – well positioned for long-term growth MACRO ENVIRONMENT T.EN STRENGTHS T.EN PRIORITIES EXECUTE Short-term: operations stabilized Proven execution resilience, despite continuation of ME1 conflict consistent FCF generation €25bn backlog Global energy demand: growing, CAPITALIZE incl.
Slide 18: Key takeaways
Key takeaways Resilient results Commercial success Strategy commitment • Robust sequential recovery in Q3; • 9M 26 order intake of €14.1bn; • In position of strength to capitalize on track to meet FY guidance excellent multi-year visibility on reinforced fundamentals • Consistently strong free cash
Slide 19: Q3 2026 Results Q&A
Q3 2026 Results Q&A October 29, 2026
Slide 20: Appendix
Appendix Technip Energies – 9M 2026 Results 20
Slide 21: Conditional 2026 segment guidance
Conditional 2026 segment guidance ASSUMPTIONS Current operating conditions persist throughout the remainder of the year. PROJECT DELIVERY TECHNOLOGY, PRODUCTS & SERVICES REVENUE EBITDA MARGIN REVENUE EBITDA MARGIN FY CONDITIONAL GUIDANCE €5.7 – 6.3bn >5.0% €1.9 – 2.2bn ~15% EFFECTIVE TAX RATE1 CORPO
Slide 22: Backlog schedule
Backlog schedule TECHNOLOGY, PRODUCTS PROJECT DELIVERY & SERVICES FULL COMPANY 2026 (3M) €1.7bn + €0.4bn → €2.1bn 2027 €6.7bn + €0.7bn → €7.4bn 2028+ €14.6bn + €0.4bn → €15.0bn €23.0bn €1.5bn €24.5bn Adjusted backlog at September 30, 2026, has been positively impacted by foreign exchange of €197.4 m
Slide 23: Key Q3 2026 operational highlights
Key Q3 2026 operational highlights LNG Carbon capture QatarEnergy North Field South: NZT Power Project: Major project Start of electrical pre-commissioning milestones, including first pipe cut PROJECT and heavy lift activities. and weld in the UK, and successful gas turbine delivery to Teesside. DEL
Slide 24: SnapLNG
SnapLNG 1.5 Standardized modular solution for small-to-mid-scale LNG KEY FEATURES SCHEDULE REPEATABLE LOW CARBON COST EFFECTIVE CERTAINTY • Capacity 1.5Mtpa • Design Fully electrified • Project duration Saving 2 years • Plant availability 96% 65+ years of LNG expertise Leading technology providers T
Slide 25: Adjusted statements of income – 9M 2026
Adjusted statements of income – 9M 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results 25
Slide 26: Adjusted statements of income – Q3 2026
Adjusted statements of income – Q3 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results 26
Slide 27: Adjusted statements of income: Reconciliation – 9M 2026
Adjusted statements of income Reconciliation between IFRS and Adjusted – 9M 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results
Slide 28: Adjusted statements of income: Reconciliation – 9M 2025
Adjusted statements of income Reconciliation between IFRS and Adjusted – 9M 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results
Slide 29: Adjusted statements of income: Reconciliation – Q3 2026
Adjusted statements of income Reconciliation between IFRS and Adjusted – Q3 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results
Slide 30: Adjusted statements of income: Reconciliation – Q3 2025
Adjusted statements of income Reconciliation between IFRS and Adjusted – Q3 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results
Slide 31: Adjusted statements of financial position
Adjusted statements of financial position Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results 31
Slide 32: Adjusted statements of cashflows
Adjusted statements of cashflows Financial information is presented under adjusted IFRS (see Appendix 8.0 of 9M 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. Technip Energies – 9M 2026 Results 32
Slide 33: T.EN’s robust capital structure
T.EN’s robust capital structure Total liquidity, September 30, 2026 (€m) Gross cash / debt, September 30, 2026 (€m) 750 5,708 Commercial 4,958 paper & other 4,958 302 Notes1 3,553 1,103 Cash RCF Liquidity Cash Gross debt Net Rounded numbers • Strong liquidity: €5.7 billion, comprised of €4.9 billion
Slide 34: Stock information and ADR
Stock information and ADR Stock ADR Program Listing: Euronext Paris / CAC Next 20 & CAC Large 60 indices Ticker code: TE / ISIN code: NL0014559478 Exchange: Over-the-Counter Free float: 128.5 million / Outstanding shares: 178.4 million Ratio: 1 ADR : 1 ORD Market Capitalization, September 30, 2026:
Slide 35: A balanced shareholder structure
A balanced shareholder structure Half year review Full Equity Split Institutional Investors As a % of Shares Outstanding Regional split Retail Rest of World Other incl. 6.2% Europe 3.8% hedge funds 11.0% 7.1% 25.4% France 3.1% T.EN treasury 56.5% Institutional (long only) 30.6% UK & Ireland 27.1% St
Slide 36: Upcoming investor events
Upcoming investor events 29 Oct November December January FY Results Q3 Results 10 Nov 16 Nov 1 Dec 7 Jan Goldman Sachs 7th Carbonomics BNP Paribas MidCap CEO Conference Berenberg European Conference ODDO BHF Forum 2027 (CEO) (Paris) (CFO) (CFO) (CFO) 11 Nov 30 Nov 8 Dec 11 Jan UBS European Conferen
Slide 37: Investor Relations
Investor Relations Phillip Lindsay Vice President, Investor Relations Tel: +44 20 7585 5051 [email protected] Investor Relations Marion Vayson de Pradenne Director, Investor Relations Tel: +44 20 7585 6989 [email protected]