- 9M 2025 revenue: 599.6 million euros, up 29.0% vs. 9M 2024; +27.6% at constant scope
- Order intake: 19 LNG carriers, 7 ethane carriers, 1 FLNG, 18 LNG-powered container ships and 1 LNG bunker vessel
- Very strong pick-up of final investment decisions in LNG
- Acquisition of Danelec completed on July 31, 2025
- 2025 objectives revised upwards: revenue in the range of 790–820 million euros and EBITDA in the range of 530–550 million euros
GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, today announces its revenue for the first nine months of 2025.
Commenting on the results, Philippe Berterottière, Chairman and Chief Executive Officer of GTT, said: “The commercial performance of our core business remained robust during the first nine months of 2025, despite persistent geopolitical uncertainty. In the United States, the lifting of the moratorium on new LNG projects has spectacularly reignited investment decisions. Ten new liquefaction projects have been approved, including six in the United States, for a record capacity of 84 Mtpa. This momentum is driving a very significant increase in the need for new LNG carriers."
In the digital field, the acquisition of the Danish company Danelec, completed on 31 July 2025, positions GTT as a global leader in vessel performance management and Voyage Data Recorders. This transaction creates a new growth pillar for the Group, with strong complementarity with Ascenz Marorka and synergies, mainly through significant cross-sales expected in the medium term.
GTT’s innovation efforts continue. In September 2025, we launched GTT CubiqTM, a new LNG tank technology providing a concrete response to container-ship owner’s needs.
On the financial front, our revenue rose 29% over nine months, driven by the increase in the number of LNG carriers under construction. Given the strong performance of GTT’s core business and the contribution from Danelec, we are raising our 2025 objectives.
