earnings
confidence high
sentiment positive
materiality 0.75
TechnipFMC Q1 subsea orders $2.4B, book-to-bill 1.4; achieves S&P investment grade
TechnipFMC plc
2024-Q1 EPS reported
$0.35
revenue$2,042,000,000
- Subsea inbound orders of $2.4 billion; book-to-bill ratio of 1.4.
- Shareholder distributions of $172 million; full-year growth expected to exceed 70% vs 2023.
- Achieved investment grade credit rating from S&P Global Ratings.
- Announced three iEPCI awards with first-of-its-kind technology solutions.