Technipfmc Plc · NYSE:FTI
Technipfmc — Q3 2021 Earnings Presentation
18 slides from Technipfmc's earnings presentation, Oct 21, 2021
Slide 1: Q3 2021 Earnings Call Presentation
Q3 2021 Earnings Call Presentation October 21, 2021
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
Slide 3: Q3 2021 Overview
Q3 2021 Overview Financial Results and Operational Highlights Doug Pferdehirt, Chairman and Chief Executive Officer Alf Melin, EVP and Chief Financial Officer
Slide 4: Operational summary
Q3 2021 Operational summary Highlights Results reflect continuation of strong operational performance delivered over first half of year Subsea inbound orders of $1.1 billion; remain on track to achieve solid double-digit growth YoY Awarded 3 vessel charters in Brazil; well-positioned for regio
Slide 5: Financial results
Q3 2021 Financial results Highlights $1.4B Inbound orders Adjusted EBITDA from continuing operations of $141 million $7.0B Free cash flow from continuing operations of $89 million Backlog Confident in achieving full year 2021 financial guidance $141M Adjusted EBITDA Net debt improved to $1.2
Slide 6: Cash flow and net debt
Q3 2021 Cash flow and net debt (in $ millions) Free cash flow: $89M Net Debt (236) (In millions, unaudited) 326 September 30, 2021 (47) Cash and cash equivalents $ 1,034.0 136 Short-term debt and current portion of long- (282.2) term debt 1,034 Long-term debt, less current portion (1,973.6) 855 Net
Slide 7: 2021 Full-year financial guidance
2021 Full-year financial guidance1 (As of July 21, 2021) Subsea Surface Technologies Revenue in a range of $5.2 – 5.5 billion Revenue in a range of $1,050 – 1,250 million EBITDA margin in a range of 10 – 11% EBITDA margin in a range of 10 – 12% (excluding charges and credits) (excluding char
Slide 8: Backlog visibility
Backlog visibility Subsea backlog scheduling1 Surface Technologies backlog scheduling as of September 30, 2021 as of September 30, 2021 2021 $0.9B 2023+ $2.5B $6.7 $341 billion million 2022 $3.2B 2021 2021 & 2022 & 2022 $341M $360M 1 Backlog does not capture all revenue potential for subsea services
Slide 9: Subsea opportunities in the next 24 months
Subsea opportunities in the next 24 months1 PROJECT UPDATES Added ONGC KG-DWN-98/2 Cluster 3 EXXONMOBIL Uaru Removed Not applicable Q3 2021 Earnings Call Presentation | 9
Slide 10: Appendix
Appendix Q3 2021 Earnings Call Presentation | 10
Slide 11: Glossary
Glossary Term Definition Term Definition Bcm Billion Cubic Meters per Annum iEPCI™ Integrated Engineering, Procurement, Construction and Installation CAGR Compound Annual Growth Rate iFEED™ Integrated Front End Engineering and Design CCS Carbon Capture and Storage iLOF™ Integrated Life of Field E&C
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Slide 18: TechnipFMC
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