Technip Energies reports EPS for 2023, on an "adjusted IFRS" basis, down 9% to 1.63 euros and a recurring EBIT margin up 0.4 points to 7.4%, on sales down more than 6% to 6.01 billion euros.

The engineering company nonetheless claims "very good visibility", with adjusted backlog growth of over 20% to €15.7 billion, thanks to €10 billion of adjusted order intake during 2023.

Technip Energies also forecasts double-digit EPS growth, a recurring EBIT margin of between 7 and 7.5%, and sales of between 6.1 and 6.6 billion euros for the year ahead (again in adjusted IFRS).

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