MARKETS

Despite 2020 TechnipFMC sees a strong 2021

TECHNIPFMC posted a fourth quarter loss of US$39.3 million and a fall in revenue of 8.1% over the prior year to $3.42 billion thanks to lower activity. 

CEO Doug Pferdehirt

CEO Doug Pferdehirt

Adjusted EBITDA was down 25% to $300.8 million, adjusted net income up 55% to $23.4 million.    "Adjusted results for the current period included all direct COVID-19 expenses and operational impacts...

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