Subsea engineering company TechnipFMC has returned to profit after what it called a "breakout year".
The multinational firm - which has a base at the Walker Riverside in Newcastle, making deep sea cables that carry communications and power - reported profit of £66.9m ($87.8m) last year, up from a loss of £2.7bn ($3.52bn).
Revenue was down slightly at £4.8bn ($6.4bn) from £4.9bn ($6.5bn) the year before, while the firm hailed an inbound order book of £5.1bn ($6.8bn) - a strong performance it expected to continue through the next three years at least.
