Core Insights - GTT reported a revenue of 600 million euros for the first nine months of 2025, reflecting a strong growth of 29% compared to the same period in 2024, leading to an upward revision of annual objectives [1][22][29] Business Performance - The commercial performance of GTT's core business remained robust, with 19 LNG carrier orders and seven Very Large Ethane Carrier (VLEC) orders during the first nine months of 2025, indicating resilience in global demand for LNG transport [3][5] - The company achieved a solid order intake, including 19 LNG carriers, 7 ethane carriers, 1 Floating LNG (FLNG), 18 LNG-powered container ships, and 1 LNG bunker vessel [9][22] Digital and Technological Advancements - GTT completed the acquisition of Danish company Danelec on July 31, 2025, positioning itself as a global leader in vessel performance management and Voyage Data Recorders, which is expected to create significant cross-sales opportunities [4][14] - The digital business saw a sharp increase in revenue to 19.9 million euros, an 83.4% rise, bolstered by Danelec's contribution [23] Innovation and New Technologies - GTT launched GTT Cubiq, a new LNG tank technology in September 2025, addressing the needs of container-ship owners [5][17] - The company received approvals for its new technologies, including the GTT Cubiq™ tank technology and optimized containment systems for ethane transportation, showcasing its commitment to innovation [17] Financial Outlook - GTT revised its 2025 financial objectives upwards, projecting revenue between 790 million euros and 820 million euros and EBITDA between 530 million euros and 550 million euros [29][26] - The revenue from new builds reached 558.3 million euros, up 30.2% compared to the first nine months of 2024, driven by an increase in LNG carriers under construction [24] Strategic Ventures - GTT Strategic Ventures made two new investments in companies focused on CO₂ capture and wave energy technology, reinforcing its commitment to maritime energy transition [20][19]