Earnings release
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2020 Highlights GTT Technology for a Sustainable World 2020 full - year results Excellent performance and objectives achieved • High level of order book for core business • Two acquisitions strengthen Smart Shipping business • Entry into the electrolysers market for the production of green hydrogen • New service contracts for ship - owners 2020 objectives achieved • • • Consolidated revenue of € 396.4 million Consolidated EBITDA of € 242.7 million Proposed dividend of € 4.29 per share¹ ( compared to € 3.25 in 2019 ) Paris , 18 February 2021 - GTT ( Gaztransport & Technigaz ) , a technology and engineering company specialising in membrane containment systems for the transport and storage of liquefied gas , announced its results for financial year 2020 . Philippe Berterottière , Chairman and Chief Executive Officer of GTT , said : “ With 51 orders booked in 2020 , all segments combined , the year proved to be particularly dynamic from a commercial standpoint . Demand for LNG continued its upward trend , driven by countries in Asia . In addition to the 41 orders LNG carriers , GTT once again demonstrated , with orders for ethane carriers , FSRUS , FSUS and onshore storage , its ability to cover the entire liquefied gas transport and storage value chain . After three years marked by numerous commercial successes , our order book stands at a high level . Most of the orders for 2020 are for an extended time horizon that gives GTT higher visibility through 2025 . With regard to LNG as fuel , GTT did not receive orders in 2020 , due mainly to the low number of new ships built . However , CMA CGM's first LNG - powered ships have been delivered ; they will be the new flagships of the merchant navy . I would point out that the adoption of LNG as fuel by merchant ships is of crucial importance from the perspective of reducing CO₂ emissions , since this fuel makes it possible to immediately reduce them by 20 to 25 % and eliminate most other polluting emissions , in particular sulphur oxides and fine particles . 2020 was a dynamic year in terms of external growth for GTT , with the acquisition of Marorka , an Icelandic company specialising in Smart Shipping and OSE Engineering in the field of artificial intelligence . These acquisitions are part of our digital strategy , which also aims to make maritime transport cleaner . 1 Subject to approval by the Shareholders ' Meeting of 27 May 2021 1