*

Revenue up 13% in first nine months of 2024

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Raises 2024 revenue forecast to 6.5-6.8 bln euros

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Q3 adj. EBIT up 16.7%, revenue up 15% y/y, both above

consensus

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Shares rise 5.4% by 0906 GMT

(Adds shares in paragraph 4, tax rate guidance paragraph 8,

analyst comment paragraph 12)

By Anna Peverieri

Oct 31 (Reuters) - French energy infrastructure company

Technip Energies on Thursday lifted its annual revenue

guidance as it reported 13% revenue growth so far this year,

buoyed by project delivery, sustained profitability and

substantial growth in net income.

It now sees 2024 revenue of between 6.5 billion and 6.8

billion euros ($7.1 billion and $7.4 billion). Earlier in the

year, it had forecast its revenue to grow to 6.1-6.6 billion

euros.

The group, which specialises in engineering and technology

for the energy industry, confirmed its outlook for a recurring

operating profit (EBIT) margin of between 7% and 7.5%.

Its shares rose more than 5% in morning trade, on track for

their biggest daily increase since July if the gains hold.

Asked about the French corporate income tax rise proposed by

the French parliament, Chief Financial Officer Bruno Vibert said

that few of the company's projects were in France.

Technip has signed several major contracts this year,

including the Rovuma LNG project in Mozambique and the

construction of the Lake Charles liquefied natural gas plant in

the U.S., which should boost its sales in the coming quarters.

"The French surtax will have an impact that won't be too

material," Vibert said in a call with journalists, adding that

the revised guidance accounted for that potential impact.

Technip raised its full-year effective tax rate guidance to

29-33% from 26-30% previously.

Its adjusted order backlog fell 11% to 15.85 billion euros

in the first nine months of the year, while the third-quarter

order intake was 1.70 billion euros, well ahead of analysts'

average estimate of 785 million euros.

"We secured our position on notable projects that will

reinforce and diversify our backlog in 2025 and beyond," CEO

Arnaud Pieton said in the statement.

The group posted third-quarter adjusted EBIT of 129.4

million euros and adjusted revenue of 1.81 billion euros, both

above market expectations.

J.P.Morgan said in a note to clients that Technip's improved

net cash of 2.7 billion euros suggested there was room for

upgrades in full-year core earnings (EBITDA) estimates.

($1 = 0.9212 euros)