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Corteva, Inc. (NYSE: CTVA) executives will speak at the 2024 BMO Farm to Market Chemicals Conference on May 15, 2024. The webcast will be available for registration on the Corteva Investor Relations website, with a replay available until August 15, 2024.
Corteva reported first-quarter 2024 results in line with expectations, showcasing strength in the Seed business but decline in Crop Protection. The company reaffirmed its 2024 guidance, supported by controllable factors.
First-quarter net sales decreased 8%, with Seed net sales growing 2% and Crop Protection net sales decreasing 20%. GAAP income and EPS were $376 million and $0.53 per share, respectively. Operating EBITDA was $1.03 billion, and Operating EPS was $0.89 per share.
The company reiterated its full-year 2024 guidance with expected net sales between $17.4 billion to $17.7 billion, Operating EBITDA between $3.5 billion to $3.7 billion, and Operating EPS between $2.70 to $2.90 per share.