Slide Presentation dated May 8, 2012

Furmanite Corporation

QUARTER AND YEAR ENDED

MARCH 31, 2012

Charles R. Cox, Chairman & CEO

Joseph E. Milliron, President & COO

Robert S. Muff, Principal Financial Officer

Exhibit 99.2

Certain of the Company’s statements in this presentation are not purely

historical, and

such

are

“forward-looking

statements”

within

the

meaning

of the

Private Securities Litigation Reform Act of 1995. These include statements

regarding management’s plans, beliefs, expectations, intentions or projections of

the future. Forward-looking statements involve risks and uncertainties, including

without limitation, the various risks inherent in the Company’s business, and other

risks and uncertainties detailed most recently in this presentation and the

Company’s Form 10-K as of December 31, 2011 filed with the Securities and

Exchange Commission. One or more of these factors could affect the Company’s

business and financial results in future periods, and could cause actual results to

differ materially from plans and projections. There can be no assurance that the

forward-looking statements made in this document will prove to be accurate, and

issuance of such forward-looking statements should not be regarded as a

representation by the Company, or any other person, that the objectives and plans

of the Company will be achieved. All forward-looking statements made in this

presentation are based on information presently available to management, and the

Company assumes no obligation to update any forward-looking statements.

Safe Harbor Statement

Furmanite Corporation

QUARTER AND YEAR ENDED

MARCH 31, 2012

Charles R. Cox, Chairman & CEO

Quarter

•

Disappointing Quarter with Revenues down $1.3 million; Net

Income down $2.9 million, excluding relocation, restructuring

and income tax related benefit

•

Revenue and Net Income miss related primarily to poor Central

European markets and delayed turnaround season

•

Identified Central Europe Q1 “Overhead Cost vs. Market”

imbalance issues are currently being addressed.

•

Lower January and February Revenue in the Americas were not

quite offset by a very strong March

•

No new “problem”

projects this quarter

Financial Overview

•

Significantly

worse

quarter

overall

market

conditions

in Europe

compared to 2009 through 2011

•

Unclear future direction in European markets

•

Additional

European

restructuring

taking

place

quarter

address probable protracted poor market conditions

•

Late

turnaround

season

impact

expected

limited

quarter

•

Positive trends continue in all other regions and cautious optimism

continues

•

Still not counting on consistently improved markets conditions

anywhere

Business Conditions

•

New Global “One Company”

Matrix organizational concept now

50% in place

•

Service Line (“SL”) Strategies implementation underway

•

Investment to support SL Strategies still planned for 2012 and 2013

•

Values, Culture Change and Overall Growth Strategies Unchanged

•

Completed Corporate HQ move to Houston in March as scheduled

Strategic

Update

•

Re-balance European cost structure with deteriorating market

conditions

•

Finalize implementation of Global Matrix Organization

•

Complete appointment of Service Line Teams to implement World

Leader Vision

•

Assemble Senior Leadership Team in new Houston HQ

•

Embed “Orange Code”

Culture, drive growth strategies & project

execution excellence around the world

2012 Priorities

To safely and ethically establish

Furmanite as the World leader in all our

Service Lines by 2014, through

Innovation, Global Teamwork, Market

Dominance, Project Excellence and

Customer Service Perfection.

“The World Leader in All

Service Lines

2014”

Furmanite Vision

Furmanite Corporation

QUARTER AND YEAR ENDED

MARCH 31, 2012

Financial Review

Robert S. Muff, Principal Financial Officer

Condensed Consolidated Statements of Operations

($ in 000s except percentages and per share amounts) (Unaudited)

For the Three Months Ended

March 31,

2012

% of

Rev

2011

% of

Rev

Change

Revenues

$ 71,782

100.0%

$ 73,054

100.0%

$ (1,272)

Operating costs

52,352

72.9%

50,402

69.0%

1,950

Depreciation and amortization expense

2,025

2.8%

1,875

2.6%

150

Selling, general and administrative expense

17,333

24.1%

16,864

23.1%

469

Operating income, excluding relocation and

restructuring costs

0.1%

3,913

5.3%

(3,841)

Relocation and restructuring costs

823

1.1%

0.1%

735

Operating income (loss)

(751)

-1.0%

3,825

5.2%

(4,576)

Interest and other income (expense), net

(529)

(118)

(411)

Income (loss) before income taxes

(1,280)

3,707

(4,687)

Income tax benefit

450

319

131

Net income (loss)

$ (830)

$ 4,026

$ 4,856

Diluted earnings (loss) per share

$ (0.02)

$ 0.11

$ (0.13)

Adjusted diluted earnings (loss) per share*

$ 0.00

$ 0.08

$ (0.08)

* Excludes $0.8 million of relocation costs for the three months ended March 31, 2012. Excludes $0.1 million of restructuring costs and

$1.2

million

acquisition

income

tax

benefit

for

the

three

months

ended

March

31,

2011.

Revenues Adjusted for Currency Rates

2012 amounts at 2011 exchange rates

($ in 000s except percentages) (Unaudited)

For the Three Months Ended

March 31,

2012

2011

Change

Revenues

Americas

$ 40,698

$ 40,227

$ 471

EMEA

23,027

24,673

(1,646)

-7%

Asia-Pacific

8,057

8,154

(97)

-1%

Total revenues

$ 71,782

$ 73,054

$ (1,272)

-2%

Currency adjusted revenues:

Americas

$ 40,706

$ 40,227

$ 479

EMEA

23,642

24,673

(1,031)

-4%

Asia-Pacific

7,765

8,154

(389)

-5%

Total currency adjusted revenues

$ 72,113

$ 73,054

$ (941)

-1%

Segment operating results after allocation of headquarter costs

($ in 000s) (Unaudited)

For the Three Months Ended

March 31, 2012

Americas

EMEA

Asia-Pacific

Corporate

& Other

Total

Operating income (loss)

$ 4,355

$ (1,196)

$ 226

$ (4,136)

$ (751)

Allocation of headquarter costs (based on

revenues)

(2,354)

(1,317)

(465)

4,136

–

Operating income (loss) after allocation of

headquarter costs

$ 2,001

$ (2,513)

$ (239)

–

$ (751)

For the Three Months Ended

March 31, 2011

Americas

EMEA

Asia-Pacific

Corporate

& Other

Total

Operating income (loss)

$ 5,781

$ 771

$ 484

$ (3,211)

$ 3,825

Allocation of headquarter costs (based on

revenues)

(1,748)

(1,105)

(358)

3,211

–

Operating income (loss) after allocation of

headquarter costs

$ 4,033

$ (334)

$ 126

–

$ 3,825

Segment operating result comparison after allocation of

headquarter costs

2012 amounts at 2011 exchange rates

($ in 000s) (Unaudited)

For the Three Months Ended

March 31,

2012

2011

Change

Operating income (loss) after allocation of

headquarter costs:

Americas

$ 2,001

$ 4,033

$ (2,032)

EMEA

(2,513)

(334)

(2,179)

Asia-Pacific

(239)

126

(365)

Total operating income (loss) after allocation of

headquarter costs

$ (751)

$ 3,825

$ (4,576)

Condensed Consolidated Balance Sheets

($ in 000s)

(Unaudited)

March 31,

December 31,

2012

2011

Change

Cash

$ 29,517

$ 34,524

$ (5,007)

Trade receivables, net

71,626

71,508

118

Inventories

29,342

26,557

2,785

Other current assets

13,409

13,171

238

Total current assets

143,894

145,760

(1,866)

Property and equipment, net

34,590

34,060

530

Other assets

27,703

27,412

291

Total assets

$ 206,187

$ 207,232

$ (1,045)

Total current liabilities

$ 40,294

$ 41,999

$ (1,705)

Total long-term debt

30,055

31,051

(996)

Other liabilities

15,743

15,293

450

Total stockholders' equity

120,095

118,889

1,206

Total liabilities and

stockholders' equity

$ 206,187

$ 207,232

$ (1,045)

Condensed Consolidated Statements of Cash Flows

($ in 000s) (Unaudited)

For the Three Months Ended

March 31,

2012

2011

Change

Net income (loss)

$ (830)

$ 4,026

$ (4,856)

Depreciation, amortization and other non-cash items

2,575

1,190

1,385

Working capital changes

(2,273)

(5,241)

2,968

Net cash used in operating activities

(528)

(25)

(503)

Capital expenditures

(2,040)

(759)

(1,281)

Acquisition of assets and business, net of cash acquired

–

(3,921)

3,921

Payments on debt

(32,707)

(35)

(32,672)

Proceeds from issuance of debt

30,000

–

30,000

Other, net

(148)

(180)

Effect of exchange rate changes on cash

416

659

(243)

Decrease in cash and cash equivalents

(5,007)

(4,049)

(958)

Cash and cash equivalents at beginning of period

34,524

37,170

(2,646)

Cash and cash equivalents at end of period

$ 29,517

$ 33,121

$ (3,604)

Furmanite Corporation

QUARTER AND YEAR ENDED

MARCH 31, 2012

Operations Review

Joseph E. Milliron, President and Chief Operating Officer

at March 31, 2012

•

1,659 total employees, including temporary technicians

–

3 higher than March 31, 2011

•

1,212 technicians, including temporary technicians

–

18 higher than March 31, 2011

•

447 selling, general and administrative (SG&A) personnel

–

15 less than March 31, 2011

Costs aligned with revenues

As of March 31, 2012

Global Service Network

TRIR

SAFETY: 2010 Around the World

TRIR

SAFETY: 2011 Around the World

Total

Americas

EMEA

APAC

On-line Services 1 Qtr. 2012

$ 30,145

$ 16,647

$ 9,302

$ 4,196

On-line Services 1 Qtr. 2011

27,924

15,945

9,470

2,509

Variance

$ 2,221

$ 702 $ (168) $ 1,687

On-line Services YTD 2012

$ 124,836

$ 67,139

$ 43,909

$ 13,788

On-line Services YTD 2011

104,651

51,076

37,051

16,524

Variance

$ 20,185

$ 16,063

$ 6,858 $ (2,736)

Business and Geographic Data –

On-line¹

Services Revenues

($ in 000’s) (Unaudited)

Formerly referred to as under-pressure services

Business

and

Geographic

Data

–

Off-line¹

Services

Revenues

($ in 000’s) (Unaudited)

Formerly referred to as turnaround services

Total

Americas

EMEA

APAC

Off-line

Services

Qtr.

2012

$ 28,718

$ 17,070

$ 8,472

$ 3,176

Off-line

Services

Qtr.

2011

32,500

18,364

10,096

4,040

Variance

$ (3,782) $ (1,294)

(1,624) $

(864)

Off-line Services YTD 2012

$ ___,___

$ __,___

Off-line Services YTD 2011

__,___

Variance

$ _,___ $ _,___ $ _,___ $ _,___

Furmanite Corporation

Review of 1Q 2012

May 8, 2012