GTT is reaping the benefits of a record number of orders and increased construction activity. H2 revenues jumped by 23% yoy while the order book continued to build. Currently the company has 313 orders in the core business including the LNG carrier orders received in July. The giant order book ensures strong revenue visibility and, with cost discipline remaining intact, this translates into strong margins for GTT in the medium term.
09 Aug 2023
Q2: Reliable growth, robust visibility
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Q2: Reliable growth, robust visibility
- Published:
09 Aug 2023 -
Author:
Elif Binici -
Pages:
4
GTT is reaping the benefits of a record number of orders and increased construction activity. H2 revenues jumped by 23% yoy while the order book continued to build. Currently the company has 313 orders in the core business including the LNG carrier orders received in July. The giant order book ensures strong revenue visibility and, with cost discipline remaining intact, this translates into strong margins for GTT in the medium term.