Strong Financial Performance
ADM reported fourth quarter adjusted earnings per share of $1.14 and full-year adjusted earnings per share of $4.74, in line with the midpoint of guidance. Total segment operating profit was $1.1 billion for the fourth quarter and $4.2 billion for the full year.
Operational Improvements
Achieved strong crush volumes in canola and rapeseed, improved crush volumes in North America, and successfully ramped up run rates at the Spiritwood facility.
Starches & Sweeteners Success
Improved plant performance led to a 3% higher production volume year-over-year, setting operating profit records in several product lines in North America.
Safety and Innovation Achievements
Significantly improved safety record with a more than 35% reduction in process safety incidents and advanced key innovation initiatives in biosolutions and health & wellness.
Dividend Increase
Announced an increase in quarterly dividend, marking the 93rd consecutive year of uninterrupted dividends.