US energy and LNG contract firm FMC still ‘fairly resilient’ amid earnings slump

Tuesday, 10 May 2016

Our North America editor in New York

FMC Technologies Inc., the US-based energy and liquefied natural gas project contractor and services supplier, posted a first-quarter drop of 29 percent in revenues to $1.2 billion as net income also plunged because of the industry slowdown, restructuring costs and the negative impact of the strengthening dollar.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial