TechnipFMC : Brisk order intake over the quarter
>Reduce recommendation maintained - The Q2 results publication undershot our estimates due to a sharper-than-expected contraction at the subsea division. The brisk order intake for onshore/offshore activities prompted the group to revise its guidance marginally upwards. However, this had already been factored in by the consensus. We remain cautious on the group 1/ still in a consolidation phase for Technip’s and FMC’s teams; 2/ the group’s positioning on the market li...TechnipFMC is global leader in oil and gas projects, technologies, systems, and services. Co. offers subsea, surface, onshore, and offshore solutions for oil and gas projects. Co. serves customers worldwide. With Co.'s technologies and production systems, integrated expertise, and comprehensive solutions, Co. is transforming Co.'s clients' project economics. Co. is uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, Co.'s offering unlocks new possibilities for Co.'s clients in developing their oil and gas resources.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.