FMC Corp ( (FMC) ) has released its Q4 earnings. Here is a breakdown of the information FMC Corp presented to its investors.
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FMC Corporation is a global agricultural sciences company focused on providing innovative crop protection solutions, including biologicals and crop nutrition, to help growers adapt to environmental changes while increasing food, feed, fiber, and fuel production.
In its latest earnings report, FMC Corporation revealed a strong performance in the fourth quarter of 2024, highlighted by a 7% increase in revenue and a significant improvement in cash generation. However, the company experienced a consolidated GAAP net loss due to one-time tax benefits recorded in the prior year.
Key financial highlights include a fourth-quarter revenue of $1.22 billion, driven by a 15% increase in volume, particularly in the United States. Despite FX headwinds and a slight price decline, FMC achieved a 33% increase in adjusted EBITDA compared to the previous year. For the full year, the company reported a 5% decline in revenue but saw substantial improvements in cash flow from operations, increasing by over $1 billion.
Looking ahead to 2025, FMC forecasts revenue between $4.15 billion and $4.35 billion, with expectations of modest growth excluding divestitures. The company anticipates an increase in adjusted EBITDA, driven by favorable cost conditions and slight volume gains, though it remains cautious about potential price and FX headwinds.
Overall, FMC Corporation plans to navigate the challenges of fluctuating demand and currency impacts by leveraging its growth portfolio and cost management strategies, aiming to maintain stable financial performance in the upcoming year.
