secwatch.observer — SEC 8-K summary
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Issuer:     TechnipFMC plc (FTI)
CIK:        0001681459
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001681459-24-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechnipFMC Q4 2023: Subsea orders surge; backlog up 41%, 2025 outlook raised 20%
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- Subsea inbound orders of $1.3B in Q4; full-year 2023 orders of $9.7B, up 45% vs 2022.
- Total Company backlog reached $13.2B, a 41% increase year-over-year.
- Q4 cash from operations $701M; free cash flow $630M; shareholder distributions $77M in quarter, $249M full year.
- Subsea three-year order outlook through 2025 increased 20% to $30B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681459/000168145924000043/0001681459-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681459/000168145924000043/fti-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001681459-24-000043

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