TechnipFMC: Investor Relations Overview – November 2022
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 statements generally relate to future events and to future revenues, profits, cash flows or other aspects of our
operations or operating results. Forward-looking statements are often identified by words such as “guidance”, “confident”, “believe”, “expect”, “anticipate”, “plan”, “intend”, “expect”, “should”, “would”, “could”, “may”, “will”, “probable”, “predict”, “estimate”, “prospect” and similar expressions, including their negative form. The absence of these words, however, does not mean
mean that the statements are not forward-looking. These forward-looking statements are based on our current expectations, beliefs and assumptions regarding future developments and business conditions and their potential effect on us. Although management believes these forward-looking statements are reasonable as made, there can be no assurance that future developments affecting us will be those we anticipate. All of our forward-looking statements involve risks and uncertainties (some of which are material or beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our current expectations or projections, including unpredictable trends in demand for and price of crude oil and natural gas; competition and unanticipated changes in competitive factors in our industry, including continued industry consolidation; the COVID-19 pandemic and its impact on demand for our products and services; our inability to develop, implement and protect new technologies and services; the cumulative loss of significant contracts, customers or alliances; disruptions to political, regulatory, economic and social conditions in the countries in which we operate; the refusal of DTC and Euroclear to act as depository and clearing agencies for our shares; the withdrawal of the United Kingdom from the European Union; the impact of our current and future indebtedness and the restrictions on our operations by the terms of the agreements governing our existing indebtedness; risks caused by our acquisition and divestiture activities; the risks generated by fixed-price contracts; any delays and cost overruns of new capital construction projects for vessels and manufacturing facilities; our inability to deliver our backlog; our dependence on subcontractors, suppliers and our joint venture partners; a failure or breach of our IT infrastructure or that of our contractors, suppliers or joint venture partners, including as a result of cyber attacks; risks of piracy endangering our employees and maritime assets; potential liabilities inherent in the industries in which we operate or have operated; our failure to comply with numerous laws and regulations, including those related to environmental protection, health and safety, labor and employment, import/export controls, currency exchange, pots wine and corruption, taxation, privacy, data protection and data security; additional restrictions on dividend distributions or share buybacks as an English limited company; uninsured claims and litigation against us, including intellectual property litigation; tax laws, treaties and regulations and any adverse finding by the relevant tax authorities; uncertainties relating to expected earnings or our future liabilities in connection with the spin-off of Technip Energies (the “Split”); any adverse change in the results of operations, cash flows and financial condition of Technip Energies, which impacts the value of our remaining investment therein; the potential departure of our key managers and employees; unfavorable seasonal and weather conditions and unfavorable exchange rates and risk relating to our defined benefit pension plan commitments and other risks, as indicated in Part I, point 1A, “Risk factors” of our annual report on form 10-K for the year ended December 31, 2021 and Part II, Item 1A, “Risk Factors” of our quarterly reports subsequently filed on Form 10-Q. In addition, our results may be impacted by the uncertainty of the transition to new energy, including the type, development and demand for new energy sources; unpredictable trends in energy transition initiatives; initiatives and geopolitical, legislative or regulatory developments related to the energy transition; and our ability to leverage energy transition strategies, initiatives, systems, collaborations and business applications.
We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise our forward-looking statements after the date on which they are made, whether as a result of new information, future events or otherwise, except to the extent required by law. law.
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