TechnipFMC plc (FTI) Q3 2024 Earnings Call Transcript

TechnipFMC plc (NYSE:FTI) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET

Company Participants

Matt Seinsheimer - Senior Vice President, Investor Relations and Corporate Development
Douglas Pferdehirt - Chief Executive Officer
Alf Melin - Chief Financial Officer

Conference Call Participants

Arun Jayaram - JPMorgan Chase & Co.
Scott Gruber - Citigroup Inc.
Kurt Hallead - The Benchmark Company, LLC
Waqar Syed - ATB Capital Markets
Marc Bianchi - TD Cowen
Saurabh Pant - Bank of America

Operator

Good day and welcome to the TechnipFMC Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question-and-answer session. [Operator Instructions] And, finally, I would like to advise all participants that this call is being recorded. Thank you.

I’d now like to welcome Matt Seinsheimer, Senior Vice President, Investor Relations and Corporate Development. Matt, over to you.

Matt Seinsheimer

Thank you, Pauly. Good morning, and good afternoon, and welcome to TechnipFMC’s third quarter 2024 earnings conference call. Our news release and financial statements issued earlier today can be found on our website.

I’d like to caution you with respect to any forward-looking statements made during today’s call. Although these forward-looking statements are based on our current expectations, beliefs and assumptions regarding future developments and business conditions, they are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by these statements.

Known material factors that could cause our actual results to differ from projected results are described in our most recent 10-K, most recent 10-Q and other periodic filings with the U.S. Securities and Exchange Commission. We wish to caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake