BAKU, Azerbaijan, March 2. TechnipFMC reported total revenue of $9.08 billion for the full year, with net income attributable to the company reaching $842.9 million, or $1.91 per diluted share, Trend reports.
According to the producer, adjusted net income, which excludes certain charges and credits, stood at $803.2 million, or $1.82 per diluted share.
Key financial factors included a $71.3 million gain from the sale of the Measurement Solutions business and $25.8 million in restructuring and impairment charges. The company also recorded a $114.6 million tax benefit from the reassessment of deferred tax assets.
Adjusted EBITDA, excluding specific charges, was $1.35 billion, with an adjusted EBITDA margin of 14.9%. When excluding a foreign exchange loss of $16.7 million, net income totaled $859.6 million, and adjusted EBITDA reached $1.38 billion.
TechnipFMC’s financial performance reflects strong operational execution and strategic portfolio adjustments.
