Welcome to our dedicated page for FMC Corporation news (Ticker: FMC), a resource for investors and traders seeking the latest updates and insights on FMC Corporation stock.
FMC Corporation (NYSE: FMC) is a global leader in agricultural sciences, providing innovative crop protection solutions to farmers worldwide. With over a century of experience, FMC serves agricultural, industrial, and consumer markets, offering products that enhance food and beverage quality, pharmaceutical delivery, and sustainability. The company is dedicated to its mission of helping growers produce food, feed, fiber, and fuel for a growing global population while adapting to environmental changes.
FMC's portfolio includes a balanced range of products across various geographies and crop types. The company has significantly expanded its capabilities through strategic acquisitions, making it one of the top five largest patented crop protection companies globally. Their R&D pipeline focuses on developing new products, including biologicals, to meet the evolving needs of modern agriculture.
Recent achievements include the launch of Premio® Star insecticide in Brazil and the development of novel bioinsecticides through a partnership with AgroSpheres. FMC's robust R&D efforts are further supported by collaborations with technology companies like Optibrium, integrating AI to accelerate new product discovery.
FMC reported a challenging financial year in 2023 due to market conditions, but the company remains resilient. For 2024, FMC forecasts revenue growth driven by new product launches and strategic cost management. The company continues to invest in its biologicals platform, evidenced by a commercial agreement with Novonesis in Canada to bring advanced biological solutions to farmers.
FMC’s global presence includes 6,200 employees across 100 sites. The company is committed to sustainable agriculture, focusing on the discovery of new active ingredients for herbicides, insecticides, and fungicides, and the development of environmentally friendly product formulations and technologies.
Stay updated with FMC Corporation’s latest news and performance through their official website and follow them on LinkedIn® for more insights.
FMC has been awarded the Responsible Care® Company of the Year for the fifth time by the American Chemistry Council, showcasing its commitment to safety and sustainability. The company's dedication to safety is evident through its record-low injury rate and emphasis on continuous improvement. FMC not only prioritizes safety within its internal operations but also promotes safety and sustainability at the farm level by offering innovative crop protection solutions and advocating for product stewardship.
Amyris, Inc. has appointed Kathy L. Fortmann as its new CEO, bringing 35 years of global business experience. Ms. Fortmann replaces Han Kieftenbeld and aims to lead the company through innovation and growth. With a background in specialty chemicals and ingredients, she is excited to work with the Board and colleagues to execute Amyris' strategy.
FMC reported first quarter 2024 earnings at the higher end of the guidance range. Revenue was $918 million, down 32% from Q1 2023. Adjusted EBITDA was $161 million, down 56% from Q1 2023. The company maintains full-year outlook with revenue expected to be $4.50 to $4.70 billion and adjusted EBITDA outlook of $900 million to $1.05 billion. Free cash flow outlook remains at $400 million to $600 million.
FMC (NYSE: FMC) declared a regular quarterly dividend of 58 cents per share, payable on July 18, 2024, to shareholders of record as of June 28, 2024.
FAQ
What is the current stock price of FMC Corporation (FMC)?
What is the market cap of FMC Corporation (FMC)?
What is FMC Corporation's primary business focus?
How has FMC expanded its product portfolio?
What recent products has FMC launched?
What are FMC's financial highlights for 2023?
How is FMC contributing to sustainable agriculture?
What is FMC's global presence?
How does FMC integrate technology into its R&D efforts?
What partnerships has FMC recently formed?
What is the outlook for FMC in 2024?
Where can I find more information about FMC Corporation?
