This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Technip’s Fourth Quarter And Full Year 2011 Results

Stocks in this article: TEC

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708):

On February 14, 2012, Technip’s Board of Directors approved the audited full year 2011 consolidated accounts.


€ million(Except Diluted Earnings perShare & Dividend per Share)

      FY 10       FY 11      

% Change


Change ex. FX Impact

      4Q 10       4Q 11      

% Change


Change ex. FX Impact

Revenue       6,081.9       6,813.0       12.0%       12.8%       1,766.9       2,014.3       14.0%       14.3%
EBITDA 3       777.3       883.5       13.7%       14.0%       207.7       274.0       31.9%       32.7%
EBITDA Margin       12.8%       13.0%       19bp               11.8%       13.6%       185bp        

Operating Income From Recurring Activities

620.3 709.5 14.4% 14.4% 164.9 208.2 26.3% 26.7%
Operating Margin 10.2% 10.4% 21bp 9.3% 10.3% 100bp
Operating Income       614.7       693.8       12.9%               156.9       197.2       25.7%        
Net Income 417.6 507.3 21.5% 112.2 149.5 33.2%
Diluted Earnings per Share 4 (€) 3.81 4.41 15.6% 1.00 1.28 28.0%
Dividend per Share 5 (€)       1.45       1.58       9.0%                                        
Order Intake       6,957.4       7,974.8       14.6%               2,472.7       2,238.6       (9.5)%        

Thierry Pilenko, Chairman and CEO, commented: “2011 was a year of significant achievement for Technip. We confirmed our growth potential, increasing our backlog by over €1.1 billion, launched key new capex projects and completed three strategic acquisitions, including Global Industries in December. We delivered strong profitability, beyond our initial expectations, with a record net profit of €507 million.

In Onshore/Offshore, we are building on a successful strategy of securing early involvement in projects with strong partners to grow and diversify our project portfolio. In Subsea, we capitalized on our technology leadership and worldwide footprint to build a record backlog of over €4 billion, comprised of a mix of project types and sizes.

1 of 14

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs