FMC Corporation — Feb 4, 2025 release

vestiture • COGS tailwinds of $175 million to $200 million expected due to raw material deflation, favorable fixed cost absorption and further benefits from restructuring actions • Adjusted earnings per diluted share of $3.26 to $3.70, flat at the midpoint to the prior year • Free cash flow is forecasted to be $200 million to $400 million, reflecting a decline of 51 percent at the midpoint Page 2/ FMC Corporation announces 2024 fourth quarter and full year results, provides 2025 outlook PHILADELPHIA, February 4, 2025 – FMC Corporation (NYSE:FMC) today reported fourth quarter 2024 revenue of $1.22 billion, an increase of 7 percent versus fourth quarter 2023 as volume growth, mainly from the company’s growth portfolio 3 , more than offset FX headwinds and lower price. Excluding the impact of foreign currencies, organic revenue increased 12 percent year-over-year. On a GAAP basis, the company reported a loss of $0.13 per diluted share in the fourth quarter, down 101 percent versus fourth quarter 2023, due to significant one-time tax benefits recorded in the prior year largely driven by tax incentives granted to the company’s Swiss subsidiaries as well as higher valuation allowances on those benefits that were recorded in the fourth quarter of 2024. Adjusted earnings were $1.79 per diluted share, an increase of 67 percent versus fourth quarter 2023. “We delivered solid sales and strong year-on-year adjusted EBITDA