Technip Energies posts 'solid' debut results amid market 'challenges'

Paris-based contractor posts $53 million profit, but analyst expresses concern over pace of growth in new energy business and effect on margin when 'spectacular' Yamal LNG order exits backlog

Solid results: Arnaud Pieton, chief executive-elect at Technip Energies
Solid results: Arnaud Pieton, chief executive-elect at Technip EnergiesPhoto: TECHNIPFMC
Published 22 April 2021, 09:44Updated 22 April 2021, 09:44