TechnipFMC: unveils outlook for 2019
(CercleFinance.com) - TechnipFMC has published its financial estimates for sales and its Ebitda margin (excluding amortisation for purchase prices and other charges and credits) for its three main divisions for FY 2019.
The group therefore expects revenues of between 5.4 billion and 5.7 billion dollars, with a margin of at least 11% in Subsea, revenues of at least 5.7 billion to 6 billion dollars and a margin of 12% in Onshore/Offshore, and revenues of 1.7 billion to 1.8 billion dollars and a margin of at least 17% in Surface Technologies.
TechnipFMC also anticipates a positive cash flow from operating activities, as well as costs relating to restructuring and the integration of the merger that represent approximately 50 million dollars for the entire fiscal year.
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The group therefore expects revenues of between 5.4 billion and 5.7 billion dollars, with a margin of at least 11% in Subsea, revenues of at least 5.7 billion to 6 billion dollars and a margin of 12% in Onshore/Offshore, and revenues of 1.7 billion to 1.8 billion dollars and a margin of at least 17% in Surface Technologies.
TechnipFMC also anticipates a positive cash flow from operating activities, as well as costs relating to restructuring and the integration of the merger that represent approximately 50 million dollars for the entire fiscal year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.