- TechnipFMC press release (NYSE:FTI): Q1 Non-GAAP EPS of $0.22 beats by $0.06.
- Income of $2.04B (+18.6% Y/Y) beats by $60M.
- Subsea inbound orders of $2.4 billion; book-to-bill of 1.4
- Introduced three iEPCI awards, every offering first-of-its-kind expertise options
- Shareholder distributions of $172 million; count on full-year progress to exceed 70% versus 2023
- Steering:
Subsea
Floor Applied sciences
Income in a spread of $7.2 – 7.6 billion
Income in a spread of $1.2 – 1.35 billion
Adjusted EBITDA margin in a spread of 15.5 – 16.5%
Adjusted EBITDA margin in a spread of 13 – 15%