First half 2025 results: Strong growth in revenue and EBITDA
2025-07-29
[Press Release]
- Revenue: 389 million euros, +32% compared to H1 2024
- EBITDA: 264 million euros, +49% compared to H1 2024
- Confirmation of 2025 objectives
- Ten LNG carriers and seven Very-Large Ethane Carriers ordered in H1
- Acquisition of Danelec, a Danish company specialised in digital solutions
- Interim dividend: €4 per share, in line with our distribution policy
Paris, 29 July 2025. GTT, the technological expert in membrane containment systems used to transport and store liquefied gas, today announces its results for the first half of 2025.
Presenting these results, Philippe Berterottière, Chairman and Chief Executive Officer of GTT, said: “GTT delivered a very strong financial performance in the first half of 2025, driven by the numerous orders received in recent years.
With 17 orders recorded in the first half of 2025, commercial activity in our core business remains robust, despite an uncertain geopolitical environment. In the United States, the lifting of the moratorium on new LNG projects has reignited investment decisions: three new liquefaction projects have been approved, representing a total capacity of 36 Mtpa and generating additional demand for LNG carriers.
We are also continuing our constant R&D and innovation efforts, as evidenced by the recent Approvals in Principle obtained in the first half of the year for solutions compatible with ethane transport and ammonia use. These developments further strengthen our position as a key technological partner supporting the energy transition of the maritime sector.
Our digital business experienced sustained momentum, driven by significant contracts with leading players. In addition, the acquisition of the Danish company Danelec, a specialist in the collection and analysis of maritime data, positions GTT as a global leader in vessel performance management and Voyage Data Recorders, creating a new growth pillar for the Group.
Backed by a solid order book, we achieved a 32% revenue growth in the first half of 2025. EBITDA rose by 49% at a margin of 68%, highlighting the Group’s disciplined cost management.
Based on GTT’s momentum seen in the first semester and in the absence of significant delays in vessel construction schedules, the Group confirms its full-year 2025 objectives.”
>> Read the full press release
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Investor Relations Contact: information-financiere@gtt.fr / +33 1 30 23 20 87
Press Contact: press@gtt.fr / +33 1 30 23 48 45