FMC Technologies reported first quarter 2014 revenue of $1.8 billion, up 11 percent from the prior-year quarter.
Total inbound orders were $2.6 billion and included $1.9 billion in Subsea Technologies orders. Subsea Technologies backlog was $6.8 billion.
“ As a result of strong orders in the quarter, Subsea Technologies achieved record backlog ,” said John Gremp, Chairman, President and CEO of FMC Technologies . “ We delivered solid subsea revenue and operating profit and expect to see this trend continue throughout the remainder of the year. ”
“ Surface Technologies operational performance was strong as our international surface wellhead business delivered another solid quarter and our North American business strengthened. ”
[mappress] Press Release, April 23, 2014; Image: FMC