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FMC Corporation (NYSE: FMC) is a global leader in agricultural sciences, delivering innovative crop protection solutions and precision agriculture technologies. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and scientific advancements shaping modern farming practices.
Access authoritative information directly from FMC's press releases and verified news sources, including quarterly earnings reports, product launch announcements, strategic partnerships, and sustainability initiatives. Our curated feed ensures you stay informed about regulatory milestones, R&D breakthroughs, and market expansion activities critical to understanding FMC's position in the agricultural sector.
Key updates cover advancements in biological crop protection, digital farming tools, and regional market strategies. Bookmark this page for streamlined access to essential information driving FMC's mission to enhance global food production through science-led solutions.
FMC Corporation (NYSE: FMC) announced that Pierre Brondeau will transition from his role as executive chairman effective April 27, 2021, prior to the Annual Meeting. He will retire as an employee but has agreed to be re-nominated as a director, continuing his role as chairman in a non-employee capacity if re-elected. This shift follows a previous CEO transition to Mark Douglas in June 2020. The Board's governance plan aims to strengthen leadership with a non-employee chairman and an independent lead director.
FMC Corporation reported fourth-quarter 2020 revenue of $1.15 billion, a 4% decline year-over-year, but an organic growth of 2% excluding foreign currency impacts. GAAP net income surged to $47 million from a loss of $3 million in Q4 2019. For the full year, revenue was $4.64 billion, marking a 1% growth. Looking ahead, FMC anticipates 2021 revenue between $4.9 billion and $5.1 billion, representing an 8% increase at the midpoint. However, Q1 2021 is projected to see a revenue decrease of 7% compared to Q1 2020.
FMC Corporation (NYSE: FMC) has announced that its 2021 Annual Meeting of Stockholders will be held via live webcast on April 27, 2021, at 2 p.m. ET. Investors can access the meeting instructions on the Company’s investor relations website. FMC is recognized for its innovative solutions in agricultural sciences and provides a diverse product portfolio, including insect control and herbicides. The company employs approximately 6,400 people globally. Following the annual meeting, critical information will be shared on the investor website instead of via press release.
FMC Corporation (NYSE: FMC) has announced a strategic partnership with Novozymes to co-develop enzyme-based crop protection solutions. This multi-year collaboration focuses on enzyme biocontrol technology for the fungicide and insecticide markets, targeting key soybean diseases like Asian Soybean Rust. FMC will act as the commercial partner while Novozymes will handle manufacturing. The venture aims to create innovative biological solutions that address pest management challenges sustainably and efficiently. FMC has over 30 biological products on the market and plans to launch four new biopesticides within four years.
FMC Corporation (NYSE: FMC) has adjusted its fourth quarter 2020 revenue outlook to approximately $1.15 billion, down from previous guidance of $1.23 to $1.29 billion. Adjusted EBITDA is now expected to range from $285 to $295 million, compared to prior estimates of $335 to $355 million. The company cited supply chain disruptions and severe drought conditions in Brazil as significant factors. Despite these challenges, FMC maintains a robust full-year free cash flow guidance of $475 to $525 million and a confident outlook for 2021, targeting revenue growth of 5 to 7 percent.
FMC Corporation (NYSE: FMC) will release its fourth quarter 2020 earnings on February 9, 2021, post-market close, accessible via PR Newswire and its investor website. A webcast conference call is scheduled for February 10, 2021, at 9:00 a.m. ET. The call is open to the public and will be available for replay until March 3, 2021. FMC, a leader in agricultural sciences, focuses on innovative solutions and crop protection products. For more details, visit FMC's investor website.
FMC Corporation (NYSE: FMC) has declared a quarterly dividend of 48 cents per share, marking a 9% increase from prior dividends. This dividend is payable on January 21, 2021, to shareholders of record by December 31, 2020. CFO Andrew Sandifer emphasized this decision aligns with FMC's strategy to return excess cash to shareholders in proportion to net income growth. The company, specializing in agricultural sciences, continues to innovate through its product portfolio and development pipeline, benefiting growers globally.
FMC Corporation (NYSE: FMC) announced that CFO Andrew Sandifer will speak at the UBS Chicago Virtual Agriculture & Industrial Chemicals Conference on December 10 at 10:30 a.m. ET. Investors can access the live webcast at investors.fmc.com.
The company specializes in agricultural sciences, offering innovative crop protection and pest management solutions, employing around 6,400 people globally. FMC's product portfolio includes insecticides, herbicides, and biologicals, leveraging advanced technologies for effective agricultural solutions.
FMC Corporation (NYSE: FMC) received multiple accolades at the 2020 Crop Science Awards, including the Best R&D Pipeline and Best New Biological Product for its Accudo® biostimulant. The company's innovative pipeline includes new insecticides, herbicides, and fungicides, with Isoflex™ active set to launch in early 2021, marking a breakthrough in herbicide technology. Accudo® enhances yield by over 15% and boasts an impressive two-year shelf life. Additionally, FMC was commended for its marketing campaign using augmented reality for Talstar® insecticide.
