Fmc corporation outlines new strategic growth plan
Provides preliminary 2024 outlook1 including revenue of $4.65 billion to $4.85 billion, adjusted ebitda of $1.025 billion to $1.125 billion and free cash flow conversion of greater than 100 percent initiates three-year rolling financial goals with 2026 revenue expected to be $5.5 billion to $6.0 billion and adjusted ebitda of $1.3 billion to $1.5 billion announces strategic review of non-core assets including potential sale of fmc's non-crop product line, global specialty solutions ten-year revenue aspiration includes approximately $2 billion from plant health business and approximately $2 billion from four new active ingredients in r&d pipeline philadelphia , nov. 17, 2023 /prnewswire/ -- fmc corporation (nyse:fmc) hosted its investor day on november 16 at fmc corporate headquarters in philadelphia where the company introduced its new strategic growth plan, reviewed three-year financial goals and longer-term financial aspirations through 2033, and provided its preliminary outlook for 2024. the company also outlined cost savings targets and key elements that will drive sustained profitable growth.
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