Welcome to our dedicated page for Fmc news (Ticker: FMC), a resource for investors and traders seeking the latest updates and insights on Fmc stock.
FMC Corporation (NYSE: FMC) is a global agricultural sciences company focused on crop protection solutions, including biologicals, crop nutrition, and digital and precision agriculture. The FMC news feed on Stock Titan aggregates company-issued press releases and other coverage so readers can follow how this agricultural chemical manufacturer communicates its strategy, performance and product developments over time.
FMC regularly publishes earnings announcements and financial updates, including quarterly results, adjusted EBITDA and adjusted earnings per share metrics, along with commentary on regional performance in North America, Latin America, Asia and EMEA. The company also announces the timing of upcoming earnings releases and webcast conference calls, providing details for internet broadcasts and telephone access, as well as replay information.
Investors can track dividend declarations and changes to the dividend policy through FMC’s news releases, which have included both regular quarterly dividend announcements and a reduction in the quarterly dividend as part of a broader emphasis on debt reduction. The news flow also covers strategic and operational updates, such as the intention to divest the India commercial business, restructuring and cost actions, and initiatives like Project Foundation that are designed to reshape the manufacturing footprint and cost structure.
Product- and technology-related news is another key element of FMC’s disclosures. The company has reported regulatory registrations for products such as Fundatis herbicide powered by Isoflex active in Great Britain, and has highlighted the role of new active ingredients and biologicals in its growth portfolio and Plant Health business. Updates on registrations, launches and regional commercialization provide insight into FMC’s pipeline and portfolio evolution.
FMC’s news also includes leadership and governance updates, such as changes in executive roles and Board composition, and announcements that senior executives will speak at investor conferences hosted by firms like Goldman Sachs and Jefferies. For investors, analysts and others following the agricultural sciences sector, the FMC news page offers a centralized view of how the company reports its financial performance, portfolio developments and corporate actions.
FMC (NYSE: FMC) has announced that its 2025 annual meeting of stockholders will be conducted as a live webcast on Tuesday, April 29, 2025, at 2:00 p.m. ET. Shareholders can access the meeting through instructions that will be provided on the company's Investor Relations website at https://investors.fmc.com.
FMC (NYSE: FMC) has scheduled its fourth quarter 2024 earnings release for Tuesday, February 4, 2025, after market close. The company will host an extended 90-minute webcast conference call at 5:00 p.m. ET on the same day, increased from the usual 60 minutes.
During the call, management will discuss Q4 and full-year 2024 results, provide guidance for Q1 and full-year 2025, and update on the three-year outlook and company strategy. The extended duration aims to accommodate the numerous topics and Q&A session adequately.
FMC (NYSE: FMC) has announced that its board of directors has declared a regular quarterly dividend of $0.58 per share. The dividend will be payable on January 16, 2025, to shareholders of record at the close of business on December 31, 2024.
FMC (NYSE: FMC) has announced the election of Anthony DiSilvestro to its Board of Directors, effective December 12, 2024. DiSilvestro, currently the CFO of Mattel Inc., will serve on the Audit and Compensation and Human Capital Committees. He brings over 40 years of financial experience in multi-billion dollar companies, including his previous role as Senior VP and CFO at Campbell Soup Company, where he led significant cost reduction programs and managed an activist-led proxy contest. FMC's chairman and CEO Pierre Brondeau highlighted DiSilvestro's expertise in leading large transformations and developing corporate strategies as valuable assets for the company.
FMC (NYSE:FMC) and Envu have completed the sale of FMC's Global Specialty Solutions (GSS) business, following their definitive acquisition agreement from July 11, 2024. The GSS business includes products for non-crop markets like golf courses, sports stadiums, and pest control. This strategic divestiture allows FMC to focus exclusively on the global crop protection market. As part of the agreement, FMC will remain a contracted supplier of key products and actives during the transition period. FMC plans to use all proceeds from the sale for debt reduction.
FMC reported strong Q3 2024 results with revenue of $1.07 billion, up 9% from Q3 2023 and 12% organically. The company posted consolidated GAAP net income of $66 million ($0.52 per share), compared to a net loss in Q3 2023. Adjusted EBITDA reached $201 million, up 15%. Volume growth of 17% offset a 5% price decline and 3% FX headwind.
The company updated its full-year 2024 outlook, expecting revenue of $4.33-4.44 billion (2% decline), adjusted EBITDA of $885-915 million (8% decline), and adjusted EPS of $3.16-3.52 (12% decrease), accounting for the expected sale of its GSS business.
FMC (NYSE: FMC) has announced a distribution agreement with Ballagro Agro Tecnologia Ltda. to expand its biologicals crop protection offering in Brazil. This partnership is part of FMC's strategic plan to grow its biologicals platform in key markets. FMC Brazil will license and distribute key leading biosolutions from Ballagro, combining FMC's expertise in microbial solutions with Ballagro's fungi-based technologies.
The collaboration aims to provide Brazilian growers with a comprehensive portfolio of biological solutions to improve productivity, efficiency, and sustainability. This agreement supports FMC's integrated approach to pest management for more sustainable agricultural production. FMC has launched nearly 50 biological products in 42 countries in the past five years and will continue to invest in growing its Plant Health business through various strategies.
FMC (NYSE: FMC) and UN Global Compact Network USA hosted a roundtable discussion on sustainable food systems during the UN General Assembly. The event, titled 'Sustainable Food Systems: Paving the Way for a Greener Future,' brought together global leaders to address challenges like climate change, food security, and resource conservation.
Julie DiNatale, FMC's chief sustainability officer, highlighted the company's commitment to accelerating innovation in sustainable farming practices. The discussion emphasized the importance of collaboration across the food value chain and investments in new technologies to support farmers and drive sustainable change.
FMC is actively participating in various events during Climate Week and UNGA in New York, demonstrating its dedication to advancing sustainable food systems and collaborating with industry experts, innovators, and policymakers.
FMC (NYSE: FMC) has announced the dates for its third quarter 2024 earnings release and webcast conference call. The company will release its Q3 2024 earnings on Tuesday, October 29, 2024, after the stock market close. This will be followed by a webcast conference call on Wednesday, October 30, 2024, at 9:00 a.m. ET.
The conference call will be open to the public via internet broadcast and telephone. Interested parties can access the internet broadcast at https://investors.fmc.com. For those joining by phone, various dial-in options are available, including toll-free numbers for the United States. A replay of the call will be accessible from 11:00 a.m. ET on October 30, 2024, until November 20, 2024, via both internet and telephone.
FMC (NYSE: FMC) has secured a temporary restraining order against Sharda USA for patent infringement. The order, granted by the United States District Court for the Eastern District of Pennsylvania, prohibits Sharda from importing, marketing, or selling premix products containing bifenthrin and cyano-pyrethroids covered by FMC's patents. This includes Sharda's 'Winner' insecticide product.
The lawsuit alleges that Sharda infringed on FMC's patents for insecticide products containing bifenthrin and zeta-cypermethrin, which FMC sells under the brand Hero® insecticide. FMC also claims that Sharda misappropriated their copyrighted product label for Hero®. This ruling reinforces FMC's commitment to protecting its intellectual property rights and supporting innovation in agriculture.