FMC Corp. (FMC) to Introduce Strategic Growth Plan
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FMC Corporation to introduce strategic growth plan at Investor Day, details cost restructuring and provides preliminary 2024 outlook
November 16, 2023 7:30 AM EST2024 Full-Year Preliminary Outlook1
Revenue of $4.65 billion to $4.85 billion, reflecting 3 percent increase midpoint to midpoint from latest 2023 guidanceAdjusted EBITDA of $1.025 billion to $1.125 billion, reflecting 8 percent increase midpoint to midpoint from latest 2023 guidance$50 million to $75 million of adjusted EBITDA contribution in 2024 from restructuring actions with approximately $150 million of run-rate savings by the end of 2025Adjusted earnings per share expected to grow faster than adjusted EBITDA in 2024Return on invested capital over 10 percentFree cash flow conversion... More