Gaztransport & Technigaz reports strong shareholder returns and growth potential in LNG sector

Gaztransport & Technigaz (GTT) has seen a total shareholder return of 57% in euros, outperforming the EuroStoxx 600 index, which returned 17%. The company leads in cryogenic membrane technology for LNG transport and storage. GTT's strong order backlog positions it well for growth, driven by rising LNG demand and stricter environmental regulations. The company benefits from a favorable tax structure, with 90% of its revenue taxed at a reduced rate. Recent political discussions in France regarding potential corporate tax increases have raised concerns. However, analysts believe these changes will not significantly impact GTT's financials due to its unique revenue structure.