FMC Corporation - FMC STOCK NEWS

FMC Corporation (NYSE: FMC) has partnered with The HALO Trust to boost farm safety in Ukraine by donating 3% of its 2023 sales revenue in the region. This initiative, part of FMC's Cultivating Freedom campaign, aims to enhance demining efforts, allowing Ukrainian farmers to return to their fields safely. The funding will bolster The HALO Trust's capacity to remove landmines, directly contributing to improved food security amidst ongoing conflicts. The collaboration is set to commence in April 2023, with FMC's CEO stating the partnership aims to facilitate sustainable farming and reconstruction in Ukraine.

FMC Corporation (NYSE: FMC) will release its Q1 2023 earnings on May 1, 2023, after market close. The announcement will be made via PR Newswire and the company's website. A webcast conference call will follow on May 2, 2023, at 9:00 a.m. ET, open to the public for internet broadcasting and telephone access. A replay will be available starting at 11:00 a.m. ET on May 2 until May 25, 2023. FMC focuses on providing innovative crop protection solutions for sustainable agriculture, supporting a growing global population.

FMC Corporation (NYSE:FMC) announced an Investor Day on November 16, 2023, at its headquarters in Philadelphia. The event will unveil a new long-range strategic growth plan presented by CEO Mark Douglas and CFO Andrew Sandifer, emphasizing updated long-term financial targets, R&D pipeline reviews, and the introduction of new synthetic and biological product portfolios. The agenda includes discussions on FMC's growth strategy focusing on technology, innovation, digital agriculture, and sustainability. Registration is required for institutional investors and analysts interested in attending.

FMC Corporation (NYSE: FMC) has announced a three-year investment of $1.5 million in the Generation Unlimited Engaging Kenyan Youth in Agriculture and Nutrition (EKYAN) program. This initiative aims to enhance employment opportunities for youth in agribusiness and improve the livelihoods of smallholder farmers in Kenya. The program will establish Centers of Excellence to train young agripreneurs, delivering essential services to farmers. FMC’s president emphasized the importance of investing in youth and agriculture to combat the food crisis and bolster economic stability in Africa. This collaboration signifies FMC's commitment to sustainable development in the agricultural sector.

FMC Corporation (NYSE: FMC) has been recognized in Barron's annual list of the 100 Most Sustainable U.S. Companies for the second consecutive year, climbing eight spots to rank 64. Notably, FMC is the only agricultural company on the list and one of just 29 companies that posted a positive return in 2022. The company is committed to sustainability, targeting net zero greenhouse gas emissions by 2035 and achieving significant progress in energy reduction and waste management. This recognition follows FMC's inclusion in Newsweek's Most Responsible Companies list and the accolade of Company of the Year from the American Chemistry Council.

FMC Corporation (NYSE: FMC) has declared a quarterly dividend of 58 cents per share, scheduled for payment on April 20, 2023. Shareholders of record as of March 31, 2023 will receive this dividend. FMC is a global agricultural sciences company focused on providing innovative solutions for food production while addressing environmental challenges. The company employs approximately 6,600 individuals across more than 100 locations worldwide, emphasizing the development of sustainable crop protection products to support agricultural efficiency.

FMC Corporation reported robust fourth quarter performance with revenue reaching $1.62 billion, up 15% year-over-year, driven by strong volume and pricing. Adjusted EBITDA rose to $432 million, a 17% increase, and adjusted earnings per share reached $2.37, up 12%. For the full year, revenues totaled $5.8 billion, reflecting 15% growth, while net income grew marginally by 1% to $742 million. Looking ahead, FMC forecasts 2023 revenue between $6.08 to $6.22 billion, anticipating 6% growth, driven by strong demand and pricing momentum.