Technipfmc Plc · NYSE:FTI

Technipfmc — Q2 2022 Earnings Presentation

18 slides from Technipfmc's earnings presentation, Jul 28, 2022

  1. Slide 1: Q2 2022 Earnings Call Presentation

    Q2 2022 Earnings Call Presentation July 28, 2022

  2. Slide 2: Disclaimer

    Disclaimer Forward-looking statements This communication contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statement usually relate

  3. Slide 3: Q2 2022 Overview

    Q2 2022 Overview Operational Highlights and Financial Results Doug Pferdehirt, Chair and Chief Executive Officer Alf Melin, EVP and Chief Financial Officer

  4. Slide 4: Operational summary

    Q2 2022 Operational summary Highlights  Adjusted EBITDA of $187 million, with outperformance in both segments  Subsea inbound orders of $1.9 billion; second consecutive quarter of book -to-bill above 1.3x  Subsea inbound orders now anticipated to grow up to 40% for full-year, approaching $7 billi

  5. Slide 5: Financial results

    Q2 2022 Financial results Sequential highlights $2.2B  Reduced gross debt by $530 million, enabling initiation of shareholder distributions Inbound orders  Total Company adjusted EBITDA of $187 million from continuing operations $9.0B  Subsea increased due to higher project and service activity a

  6. Slide 6: Cash flow and net debt

    Q2 2022 Cash flow and net debt Net Debt (In millions, unaudited) June 30, 2022 Cash and cash equivalents $ 685 Short-term debt and current portion of long-term debt (104) Long-term debt, less current portion (1,371) Net debt $ (790) Q2 2022 Earnings Call Presentation | 6

  7. Slide 7: 2022 Full-year financial guidance

    2022 Full-year financial guidance1 As of February 23, 2022 Subsea Surface Technologies  Revenue in a range of $5.2 – 5.6 billion  Revenue in a range of $1,150 – 1,300 million  EBITDA margin in a range of 11 – 12%  EBITDA margin in a range of 11 – 13% (excluding charges and credits) (excluding ch

  8. Slide 8: Backlog scheduling provides visibility

    Backlog scheduling provides visibility Subsea1 Surface Technologies as of June 30, 2022 as of June 30, 2022 2022 2022 2024+ $2.0B $317M $2.7B $7.9 $1.1 billion billion 2023+ $797M 2023 $3.2B 1 Backlog does not capture all revenue potential for subsea services Q2 2022 Earnings Call Presentation | 8

  9. Slide 9: Subsea opportunities in the next 24 months

    Subsea opportunities in the next 24 months1 Q2 2022 Earnings Call Presentation | 9

  10. Slide 10: Appendix

    Appendix Q2 2022 Earnings Call Presentation | 10

  11. Slide 11: Glossary

    Glossary Term Definition Term Definition CAGR Compound Annual Growth Rate iLOF™ Integrated Life of Field CCS Carbon Capture and Storage LNG Liquefied Natural Gas ESG Environmental, Social and Governance MMb/d Million Barrels per Day FID Final Investment Decision Mtpa Million Metric Tonnes per Annum

  12. Slide 12: Q2 2022 Earnings Call Presentation | 12

    Q2 2022 Earnings Call Presentation | 12

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    Q2 2022 Earnings Call Presentation | 13

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    Q2 2022 Earnings Call Presentation | 14

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    Q2 2022 Earnings Call Presentation | 15

  16. Slide 16: Q2 2022 Earnings Call Presentation | 16

    Q2 2022 Earnings Call Presentation | 16

  17. Slide 17: Q2 2022 Earnings Call Presentation | 17

    Q2 2022 Earnings Call Presentation | 17

  18. Slide 18: TechnipFMC

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