TechnipFMC Plc Q1 2024 Earnings Call Insights and Highlights

Thursday, 25 April 2024, 18:15

TechnipFMC Plc reported solid performance in the first quarter of 2024, highlighting ongoing success in delivering on commitments. The quarterly revenue was $2 billion, with total company adjusted EBITDA of $257 million and total company inbound orders of $2.8 billion. The company's focus on project selectivity and the quality of orders in the backlog sets a strong foundation for achieving financial targets in a promising market environment.
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TechnipFMC Plc Q1 2024 Earnings Call Insights and Highlights

TechnipFMC Plc First Quarter 2024 Earnings Call Summary

TechnipFMC Plc reported a revenue of $2 billion and total company adjusted EBITDA of $257 million in the first quarter of 2024. The company's total company inbound orders reached $2.8 billion, reflecting a strong start to the year.

Financial Performance and Strategic Focus

  • Total company revenue: $2 billion
  • Total company adjusted EBITDA: $257 million
  • Total company inbound orders: $2.8 billion

Key Highlights: TechnipFMC's focus on project selectivity and quality of orders in the backlog positions the company for sustained growth and achievement of financial targets.


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