FMC (FMC) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 5, 2026 astatine 9:46 AM CST 38 min read

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Feb. 5, 2026, 9 a.m. ET

• Chairman, Chief Executive Officer, and President — Pierre Brondeau

• Executive Vice President and Chief Financial Officer — Andrew Sandifer

Pierre Brondeau, Chairman, Chief Executive Officer and President, and Andrew Sandifer, Executive Vice President and Chief Financial Officer. After their comments, we volition instrumentality questions. Our net merchandise and today's descent presumption are disposable connected the FMC Investor Relations website, and the prepared remarks from today's treatment volition beryllium made disposable aft the call. Let maine punctual you that today's presumption and treatment volition see forward-looking statements that are taxable to assorted risks and uncertainties concerning circumstantial factors, including, but not constricted to, those factors identified successful our net merchandise and successful our filings with the Securities and Exchange Commission. Information presented represents our champion judgement based connected today's understanding. Actual results whitethorn alteration based connected these risks and uncertainties.

Today's treatment and the supporting materials volition see references to adjusted EPS, adjusted EBITDA, escaped currency flow, integrated gross growth, and gross excluding India, each of which are non-GAAP fiscal measures. Please enactment that arsenic utilized successful today's discussion, CTPR means chlorantraniliprole, Earnings means adjusted earnings, and EBITDA means adjusted EBITDA. A reconciliation and explanation of these presumption arsenic good arsenic different non-GAAP fiscal presumption to which we whitethorn notation during today's league telephone are provided connected our website. With that, I volition present crook the telephone implicit to Pierre.

Pierre Brondeau: Thanks, Curt, and bully morning, everyone. Last night, FMC announced 4th fourth and afloat twelvemonth 2025 results, arsenic good arsenic our 2026 priorities. Importantly, we besides announced that our committee of directors has authorized exploring strategical options, including but not constricted to imaginable merchantability of the company, to fortify our concern and presumption ourselves for success. We are laser-focused connected executing operational priorities successful 2026. Those see strengthening the equilibrium sheet, improving the competitiveness of our halfway portfolio, managing a post-patent Rynaxypyr strategy, and driving maturation of caller progressive ingredients. In parallel, the institution is moving to measure the champion way guardant for the payment of the concern and to maximize shareholder value.

Accordingly, the committee of directors has decided that a ceremonial proactive process to measure strategical options makes consciousness to undertake astatine this time. The strategical reappraisal is astatine a preliminary stage. We person retained fiscal and ineligible advisers to assistance america with this process. This strategical reappraisal does not interaction the process underway to merchantability our India commercialized business. As we look ahead, we are committed to positioning FMC for semipermanent success, and that starts with moving toward our 2026 priorities arsenic laid retired connected descent four. To fortify our equilibrium sheet, we are targeting paying down implicit $1 cardinal of indebtedness done plus income and licensing agreements.