Fmc Corporation · NYSE:FMC
Fmc — Deutsche Bank SMID Cap Conference 2009
15 slides from Fmc's conference presentation, Feb 11, 2009
Slide 1: FMC Corporation – Deutsche Bank SMID Cap Conference
Exhibit 99.1 ************************* ************************* ******** ******** ******** ******** FMC Corporation ******** ******** ******** ******** Deutsche Bank SMID Cap Conference ******** ******** Naples, FL ******** February 11, 2009 ******** ******** ******** ******** William G. Walter ***
Slide 2: Disclaimer: Safe Harbor Statement
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
FMC Corporation LTM ending December 31, 2008 ($ millions) FMC CORPORATION Revenue: $3,115 EBITDA: $664 Margin*: 21.3% INDUSTRIAL SPECIALTY AGRICULTURAL CHEMICALS CHEMICALS PRODUCTS Revenue: $1,297 Revenue: $764 Revenue: $1,059 EBITDA: $269 EBITDA: $185 EBITDA: $258 Margin*: 20.7% Margin*: 24.2% Marg
Slide 4: Disciplined Approach to Unlocking Value
Disciplined Approach to Unlocking Value 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
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 4
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 5
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 6
Slide 8: FMC in Summary
FMC in Summary Great businesses, each with EBITDA >$185 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
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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 Theseslidescontaincertain“non-GAAPfinancialterms” which aredefined below. In addition,we haveprovidedreconciliationsof non-GAAPtermsto the closestGAAPterm in the appendixof this presentation. EBITDA(EarningsBeforeInterest,Taxes,DepreciationandAmortization)is the sumof Income
Slide 12: Segment Financial Terms
Segment Financial Terms Theseslidescontainreferencesto segmentfinancialitems.Someof the segmentfinancialtermsare“non-GAAPfinancialterms” and aredefined below. In addition,we haveprovidedreconciliationsof non-GAAPterms to the closestGAAPterm in the appendixof this presentation. EBITDA(EarningsBeforeI
Slide 13: EBITDA Reconciliation: LTM 12/31/2008
EBITDA Reconciliation: LTM 12/31/2008 Reconciliation of LTM12/31/2008consolidated incomefromcontinuing operationsbefore incometaxes(a GAAPmeasure)to LTM12/31/2008EBITDA(aNon-GAAP measure) (Unaudited, in $ millions) LTM 12/31/2008 Income (loss) from continuing operations before income taxes $454.9 Re
Slide 14: Segment EBITDA Reconciliation: LTM 12/31/2008
Segment EBITDA Reconciliation: LTM 12/31/2008 Reconciliation of LTM12/31/2008segmentoperatingprofit(a GAAPmeasure)to LTM 12/31/2008 EBITDA (a Non-GAAPmeasure) (Unaudited, in millions) Segment Industrial Specialty Agricultural Chemicals Chemicals Products LTM 12/31/2008 segment operating profit (GAAP
Slide 15: FMC Corporation
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