EL7.AI
StocksMedium•23 October 2026•
2 min read

GTT shares rise 3.27% to €205 in October 23 session

Key Facts

1GTT shares were quoted at €205.00, up 3.27% on October 23, 2026.
2The company is targeting revenue of between €740 million and €780 million and EBITDA of between €490 million and €530 million in 2026, subject to no significant order delays or cancellations.
3The main order book covers estimated revenue of €300 million in the second half of 2026, €655 million in 2027 and €603 million in 2028.
4The CEO said additional investment decisions for gas liquefaction units were associated with capacity of 37 million tonnes per year in the first half of 2026.

GTT shares closed at €205, up 3.27% in the October 23 session, according to MarketScreener data. The company released its third-quarter activity update after trading closed on the same day, according to its financial calendar. The share move during the session therefore does not establish that it was a response to the disclosure. GTT did not attribute the share move to a specific cause in its update. The announcement came as the company maintained its annual targets, as confirmed in its first-half results.

GTT is targeting consolidated revenue of between €740 million and €780 million in fiscal 2026, and consolidated EBITDA of between €490 million and €530 million. The company reaffirmed these targets in its first-half results, subject to no significant order delays or cancellations. This condition puts order execution at the center of the annual outlook the company announced. The first-half disclosure also estimated that the main order book covered €300 million in revenue in the second half of 2026. It estimated revenue covered by the same order book at €655 million in 2027 and €603 million in 2028.

Against the backdrop of demand for LNG carriers, Chief Executive François Michel said geopolitical disruptions had not affected demand for new carriers. He added that additional investment decisions for liquefaction units amounted to capacity of 37 million tonnes per year in the first half of 2026. The company said the signing of additional investment decisions for new liquefaction units confirmed this momentum. In its first-quarter activity update, GTT reported 29 orders for new LNG carriers. It set delivery dates for those carriers between the second quarter of 2028 and the fourth quarter of 2029.

The company’s calendar shows that the third-quarter activity update was released on October 23, 2026, after the market close. Full-year 2026 results are scheduled for release on February 24, 2027, after the close. That disclosure will be the next date set in the company’s financial calendar for presenting its annual results. GTT had tied its annual targets to there being no significant order delays or cancellations. It also estimated in its first-half results the revenue covered by its order book through 2028.