Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Director Sandra Lagumina was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 10
Upcoming dividend of €4.94 per share Eligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. Payout ratio and cash payout ratio are on the higher end at 80% and 96% respectively. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (4.1%). Declared Dividend • May 20
Final dividend of €4.94 announced Shareholders will receive a dividend of €4.94. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 4.3%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 01
Gaztransport & Technigaz SA, Annual General Meeting, Jun 16, 2026 Gaztransport & Technigaz SA, Annual General Meeting, Jun 16, 2026. Location: domaine de st paul 102 route de limours, saint remy leschevreuse France Tillkännagivande • Feb 20
Gaztransport & Technigaz SA Provides Earnings Guidance for the Year 2026 Gaztransport & Technigaz SA provided earnings guidance for the year 2026. For the year, company expected consolidated revenues between €740 Million and €780 Million. Tillkännagivande • Dec 16
GTT Group Appoints François Michel as Chief Executive Officer, Effective January 5, 2026 GTT Group announced the appointment of François Michel as Chief Executive Officer, effective January 5, 2026, thereby restoring a dissociated governance structure. This decision was taken unanimously by the Board of Directors of the Group at its meeting held on December 13, 2025. Following a demanding selection process, the Board of Directors selected François Michel for his managerial experience, his strong command of the technological challenges specific to GTT and its industry, as well as for his strategic vision. In his new role, François Michel will be responsible for continuing the implementation of GTT’s strategy, strengthening technological innovation and operational excellence, while supporting the Group’s diversification efforts and development. François Michel is a graduate of École Polytechnique and École des Mines, aged 46. He began his career in the Marine and Power activities of the Alstom group, then joined the French Ministry of Economy and Finance and later the International Monetary Fund in Washington, where he worked on international economic stability issues. In 2009, he joined the office of the President of the French Republic as a technical adviser, responsible for public finances. He subsequently joined the Saint-Gobain group in 2012 as Director of Strategy and Planning, before going on to hold executive positions within several of the Group’s international subsidiaries. Since 2022, he has served as Managing Director - Chief Executive Officer of John Cockerill. Under his leadership, the John Cockerill group accelerated both its international and technological growth, with the signing of several strategic partnerships. Tillkännagivande • Nov 01
Gaztransport & Technigaz SA Raises Earnings Guidance for 2025 Gaztransport & Technigaz SA raised earnings guidance for 2025. For the period, the company expects consolidated revenue of between 790 million euros and 820 million euros (compared with 750 to 800 million euros previously). Tillkännagivande • Oct 31
Gaztransport & Technigaz SA to Report First Half, 2026 Results on Jul 28, 2026 Gaztransport & Technigaz SA announced that they will report first half, 2026 results on Jul 28, 2026 Tillkännagivande • May 06
Gaztransport & Technigaz SA (ENXTPA:GTT) signed an agreement to acquire Danelec Marine A/S from Verdane Capital X AB, fund managed by Verdane for an enterprise value of DKK 1.4 billion. Gaztransport & Technigaz SA (ENXTPA:GTT) signed an agreement to acquire Danelec Marine A/S from Verdane Capital X AB, fund managed by Verdane for an enterprise value of DKK 1.4 billion on May 5, 2025. The management team of Danelec will join GTT as part of the leadership of the combined Digital division. GTT expects the acquisition of Danelec to be accretive to the Group's earnings per share from the first year. For the period ending June 30, 2024, Danelec Marine A/S reported total revenue of DKK 330 million. The transaction is expected to be completed at the beginning of the second half of 2025, subject to customary conditions precedent. The deal requires receiving regulatory approbations.
Henrik Rossing Lønberg, Anne Kathrine Horup Roug, Emilie Appelrod and Amalie Wedde of Plesner Svane Gronborg acted as legal advisor and legal due diligence advisor for Gaztransport & Technigaz SA. Tillkännagivande • Jul 26
GTT Approves Interim Dividend for the Financial Year 2024, Payable on December 12, 2024 On July 25, 2024, the Board of Directors of GTT decided on the distribution of an interim dividend of EUR 3.67 per share for the 2024 financial year, to be paid in cash. Ex-dividend date is December 10, 2024. Payment date is December 12, 2024. Board Change • May 09
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Apr 21
Gaztransport & Technigaz SA Appoints Jean-Baptiste Choimet as Chief Executive Officer, Effective June 12, 2024 The GTT Group announced the appointment of Jean-Baptiste Choimet to the position of Chief Executive Officer of GTT as of June 12, 2024. Jean-Baptiste Choimet is currently a member of GTT’s Executive committee and Managing Director of Elogen, a subsidiary of the Group specializing in design and manufacturing of electrolysers to produce green hydrogen. The decision taken, unanimously, by the Board of Directors of GTT is the culmination of a rigorous selection process, led by the Appointments and Remuneration Committee, chaired by Catherine Ronge. Jean-Baptiste Choimet joined the GTT group in 2020 and became Managing Director of Elogen, a subsidiary of the Group specializing in design and manufacturing of electrolysers to produce green hydrogen, in November of the same year, he began his career at EDF, where he contributed to the development of the Dunkirk LNG terminal project, before joining the Société Générale group to create the LNG trading desk. In 2012, he joined Technip, where he held commercial functions and worked on major LNG projects in Australia and Russia. In 2019, he joined the Bouygues Construction group, where he oversaw operations for the deployment of telecoms networks. Aged 42, Jean-Baptiste Choimet is a graduate of the Ecole Polytechnique and the University of Cambridge (Advanced Chemical Engineering Practice).Furthermore, so that GTT can continue to benefit from the experience and commitment of Philippe Berterottière to the success of the Group, the Board of Directors will renew the latter in his role as Chairman of the Board of Directors for the remaining period of his term of office as director. Board Change • Mar 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Feb 29
Gaztransport & Technigaz SA Provides Earnings Guidance for the Year 2024 Gaztransport & Technigaz SA provided earnings guidance for the year 2024. The company estimated that revenue for 2024 should be between EUR 600 million and EUR 640 million. Board Change • Feb 07
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 13
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 25
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 14
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Aug 18
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 01
First half 2023 earnings released: EPS: €2.28 (vs €1.73 in 1H 2022) First half 2023 results: EPS: €2.28 (up from €1.73 in 1H 2022). Revenue: €177.8m (up 23% from 1H 2022). Net income: €84.0m (up 32% from 1H 2022). Profit margin: 47% (up from 44% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Oil and Gas industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Aug 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 23
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Jun 05
Upcoming dividend of €1.55 per share at 3.2% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 14 June 2023. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (6.3%). Buying Opportunity • May 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: €3.48 (vs €3.63 in FY 2021) Full year 2022 results: EPS: €3.48 (down from €3.63 in FY 2021). Revenue: €307.3m (down 2.4% from FY 2021). Net income: €128.3m (down 4.3% from FY 2021). Profit margin: 42% (in line with FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Oil and Gas industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 17
Gaztransport & Technigaz SA to Report First Half, 2023 Results on Jul 27, 2023 Gaztransport & Technigaz SA announced that they will report first half, 2023 results on Jul 27, 2023 Upcoming Dividend • Dec 06
Upcoming dividend of €1.55 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 15 December 2022. The company is paying out more than 100% of its profits and is paying out 97% of its cash flow. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (6.6%). Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Aug 19
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €76.6m from profit in 1H 2021). Profit margin: (down from 46% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 21%, compared to a 36% growth forecast for the industry in the United Kingdom. Buying Opportunity • Jul 07
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Board Change • Jun 15
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Chairman & CEO Philippe Berterottiere is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • May 30
Upcoming dividend of €1.75 per share Eligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (4.3%). Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Florence Fouquet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Florence Fouquet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Florence Fouquet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 20
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €3.63 (down from €5.37 in FY 2020). Revenue: €315.9m (down 20% from FY 2020). Net income: €134.1m (down 33% from FY 2020). Profit margin: 42% (down from 50% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is expected to shrink by 3.3% compared to a 21% growth forecast for the oil industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Board Change • Dec 25
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Florence Fouquet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Isabelle Boccon-Gibod was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 31
First half 2021 earnings released: EPS €2.07 (vs €3.12 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €165.3m (down 19% from 1H 2020). Net income: €76.6m (down 34% from 1H 2020). Profit margin: 46% (down from 57% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Jul 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Isabelle Boccon-Gibod was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 25
Upcoming dividend of €1.79 per share Eligible shareholders must have bought the stock before 01 June 2021. Payment date: 03 June 2021. Trailing yield: 5.9%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (3.1%). Analyst Estimate Surprise Post Earnings • Feb 21
Revenue misses expectations Revenue missed analyst estimates by 0.3%. Over the next year, revenue is expected to shrink by 20% compared to a 56% growth forecast for the Oil and Gas industry in the United Kingdom. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS €5.37 (vs €3.87 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €396.4m (up 38% from FY 2019). Net income: €198.9m (up 39% from FY 2019). Profit margin: 50% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 20
New 90-day low: €71.25 The company is down 13% from its price of €81.65 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.05 per share. Is New 90 Day High Low • Feb 04
New 90-day low: €78.20 The company is down 6.0% from its price of €83.30 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.59 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €89.15 The company is up 6.0% from its price of €84.30 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.80 per share. Is New 90 Day High Low • Dec 12
New 90-day low: €78.85 The company is down 6.0% from its price of €84.00 on 11 September 2020. The British market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.32 per share. 
