Fmc Corporation · NYSE:FMC
Fmc — KeyBanc Capital Markets conference (August 2009)
15 slides from Fmc's conference presentation, Aug 6, 2009
Slide 1: FMC Corporation – KeyBanc Capital Markets
FMC Corporation KeyBanc Capital Markets New York, NY August 6, 200 9 W. Kim Foster Senior Vice President and CF O Exhibit 99.1
Slide 2: Disclaimer
Disclaimer Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 These slides and the accompanying presentation contain “forward-looking statements” that represent management’s best judgment as of the date hereof based on information currently available. Actual results of
Slide 3: FMC Corporation LTM ending June 30, 2009
FMC CORPORATION Revenue: $2,949 EBITDA: $631 Margin*: 21.4% INDUSTRIAL CHEMICALS Revenue: $1,180 EBITDA: $226 Margin*: 19.2% AGRICULTURAL PRODUCTS Revenue: $1,018 EBITDA: $272 Margin*: 26.8% SPECIALTY CHEMICALS Revenue: $756 EBITDA: $182 Margin*: 24.1% FMC Corporation LTM ending June 30, 2009 ($ mil
Slide 4: Realizing the inherent operating leverage within FMC
Realizing the inherent operating leverage within FMC • Sustaining earnings growth > 10% per year (1) Focusing the portfolio on higher growth businesses • Managing Specialty Chemicals and Agricultural Products for growth • Managing Industrial Chemicals for cash Maintaining financial strength and flex
Slide 5: Agricultural Products
Agricultural Products Strong niche positions in the Americas, Europe and Asia Proprietary, branded insecticides and herbicides Strategic Focus: • Selected products, crops and regions • Shifting to significantly shorter innovation cycle • Reducing global supply chain and overhead costs
Slide 6: Specialty Chemicals
Specialty Chemicals BioPolymers – pharmaceutical and food ingredients Lithium focus on specialties – pharmaceuticals and energy storage Strategic Focus: • Growing core market segments • Commercializing new technology platforms • Pursuing financially attractive bolt-on acquisitions
Slide 7: Industrial Chemicals
Industrial Chemicals #1 North American manufacturer of soda ash and peroxygens Low cost, proprietary production technologies Strategic Focus: • Managing for cash generation • Continued top line growth driven primarily by higher selling prices • Aggressive cost management
Slide 8: FMC in Summary
FMC in Summary Great businesses, each with EBITDA >$180 million Sustained double-digit earnings growth (1) • Diverse end-markets, low correlation to economic cycles • Diversified and integrated cost structure • Products aligned with global secular growth trends Strategic and financial flexibility •
Slide 9: FMC Corporation
FMC Corporation
Slide 10: Glossary of Financial Terms & Reconciliations of GAAP to Non-GAAP
FMC Corporation Glossary of Financial Terms & Reconciliations of GAAP to Non-GAAP
Slide 11: Non-GAAP Financial Terms
Non-GAAP Financial Terms These slides contain certain “non-GAAP financial terms” which are defined below. In addition, we have provided reconciliations of non-GAAP terms to the closest GAAP term in the appendix of this presentation. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortizat
Slide 12: Segment Financial Terms
Segment Financial Terms These slides contain references to segment financial items. Some of the segment financial terms are “non-GAAP financial terms” and are defined below. In addition, we have provided reconciliations of non-GAAP terms to the closest GAAP term in the appendix of this presentation.
Slide 13: Reconciliation of LTM 6/30/2009 income to EBITDA
Reconciliation of LTM 6/30/2009 consolidated income from continuing operations before income taxes (a GAAP measure) to LTM 6/30/2009 EBITDA (a Non-GAAP measure) EBITDA Reconciliation: LTM 6/30/2009 ( Unaudited, in $ millions ) LTM 6/30/2009 Income (loss) from continuing operations before income taxe
Slide 14: Segment EBITDA Reconciliation LTM 6/30/2009
Reconciliation of LTM 6/30/2009 segment operating profit (a GAAP measure) to LTM 6/30/2009 EBITDA (a Non-GAAP measure) (Unaudited, in millions) Segment EBITDA Reconciliation: LTM 6/30/2009 Segment Industrial Specialty Agricultural Chemicals Chemicals Products LTM 6/30/2009 segment operating profit (
Slide 15: FMC Corporation
FMC Corporation
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