Edition:
United Kingdom

TechnipFMC reports Qtrly Adjusted Diluted Loss Per Share $0.09


Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Technipfmc Plc ::QTRLY ADJUSTED DILUTED LOSS PER SHARE $0.09.QTRLY REVENUE $3,323.0 MILLION VERSUS $3,683.0 MILLION.BACKLOG AS AT DEC 31, 2018 $14,560 MILLION VERSUS $12,982.8 MILLION AS AT DEC 31, 2017.SAYS INBOUND ORDERS OF $2,925.1 MILLION AT QUARTER END VERSUS $2,991.9 MILLION.TOTAL COMPANY ORDERS WERE $14.3 BILLION FOR FULL YEAR, A 40 PERCENT INCREASE COMPARED TO PRIOR YEAR.VESSEL UTILIZATION RATE FOR Q4 WAS 62 PERCENT, DOWN FROM 69 PERCENT IN Q3.SEES CAPITAL EXPENDITURES OF APPROXIMATELY $350 MILLION FOR THE FULL YEAR 2019.SEES 2019 COST SYNERGIES OF $450 MILLION TOTAL SAVINGS.QTRLY LOSS PER SHARE $5.00.SEES 2019 SUBSEA REVENUE IN A RANGE OF $5.4 BILLION - $5.7 BILLION.SEES 2019 ONSHORE/OFFSHORE REVENUE IN RANGE OF $5.7 BILLION – $6.0 BILLION.SEES 2019 SURFACE TECHNOLOGIES REVENUE IN A RANGE $1.7 BILLION - $1.8 BILLION.Q4 REVENUE VIEW $3.40 BILLION -- REFINITIV IBES DATA.