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MarketScreener Homepage  >  Equities  >  Nyse  >  TechnipFMC    FTI   GB00BDSFG982

TECHNIPFMC

(FTI)
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TechnipFMC : Cybernetix - Robotics Demo Days for the Forward Thinking Industry Experts

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10/15/2019 | 09:50am EST

Over the past five years, the Oil & Gas industry has sought to improve the economics of projects, while maintaining the highest quality and safety standards, and placing an increasing focus on carbon footprint reduction.

This has required thinking differently. We have to embrace digital transformation and develop innovative solutions to fundamentally improve the way we operate, while managing the risks inherent to major changes. Likewise, other industries have pursued similar transformations successfully, it is therefore essential to understand how we can apply the lessons learnt to our own Industry challenges.

At TechnipFMC, we have embraced the change, and as part of our digital transformation, we have triggered a development program leveraging Cybernetix, a TechnipFMC company, to assess how robotics can assist in enhancing the performance of Oil & Gas production facilities.

Cybernetix is a pioneer and a leader in supplying Advanced Robotics Solutions for harsh and constrained environments to the industry. Throughout the past 30 years, we have developed innovative software and hardware solutions to allow our clients from the Offshore, Nuclear and Defense industries to enhance the performance of their assets.

The first edition of the Robotics Demo Days will take place on the 29th and 30th of October 2019 in Marseille. The Demo Days will be at the Cybernetix premises and are organised by the Cybernetix Offshore Robotics Team. During these two days, we will focus on the theme: 'How advanced robotics for topsides can enhance the performance of offshore facilities.'

Contact:

Tel: +1 281 260 3665

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 13 535 M
EBIT 2019 1 125 M
Net income 2019 448 M
Finance 2019 521 M
Yield 2019 2,73%
P/E ratio 2019 21,8x
P/E ratio 2020 13,4x
EV / Sales2019 0,60x
EV / Sales2020 0,52x
Capitalization 8 597 M
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Mean consensus BUY
Number of Analysts 34
Average target price 29,48  $
Last Close Price 19,23  $
Spread / Highest target 124%
Spread / Average Target 53,3%
Spread / Lowest Target -12,6%
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Douglas J. Pferdehirt Chairman & Chief Executive Officer
Maryann T. Mannen Chief Financial Officer & Executive VP
Justin Rounce Chief Technology Officer & Executive VP
Arnaud Caudoux Independent Director
Pascal Colombani Lead Independent Director
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