Recently, France's LNG enclosure system manufacturer GTT announced that the company achieved revenue of 226.5 million euros in 2015, a slight decrease of 0.13% over the same period of the previous year.
GTT achieved a total of 35 new orders with a revenue of 226.5 million euros in 2015
GTT achieved a pre-tax profit of 142.2 million euros in 2015, compared with a profit of 142.3 million euros in the previous year. Net profit increased from €115.4 million in 2014 to €117.3 million in 2015, with a profit margin of 58%, slightly higher than expected.
In 2015, GTT received a total of 35 new orders, including 31 LNG carrier orders, 3 FSRU orders and 1 LNG fueling barge order.
GTT CEO Philippe Berterottière pointed out that “although the market is not stable, we still have full orders, which gives us the confidence to achieve the revenue target of more than 250 million euros in 2016 with a profit margin of over 50%.”

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