Fmc Corporation · NYSE:FMC
Fmc — Merger or Acquisition (March 2014)
9 slides from Fmc's merger presentation, Mar 10, 2014
Slide 1: Creation of Two Independent Public Companies
Creation of Two Independent Public Companies March 10, 2014
Slide 2: Safe Harbor Statement and Non-GAAP Terms
Safe Harbor Statement and Non-GAAP Terms Safe Harbor Statement • 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 the company may differ mate
Slide 3: Transaction Overview
Transaction Overview Creation of two independent public companies Note: Dollars in millions. Data represents LTM December 31, 2013.. EBIT figures are Non-GAAP measurements. See slide 2 for definitions. FMC Corporation Revenue: $3,875 EBIT: $754 Margin: 19% New FMC Revenue: $2,908 EBIT: $709 Margin:
Slide 4: Rationale for the Separation
Rationale for the Separation Distinct operating characteristics and business models New FMC • Growth driven by global megatrends • Customer relationships based on delivering technology and innovation • High and predictable operating margins • Low correlation to GDP cycles • Low fixed asset intensity
Slide 5: New FMC Overview
New FMC Overview Technology-based, customer-driven company with application expertise 5 • Agile, innovative and customer focused • Best in class financial profile with low correlation to economic cycles • Double-digit revenue and operating profit growth with strong margins • Flexible cost structure
Slide 6: New FMC Profile
New FMC Profile Growth driven by global megatrends 6 55% 9% 43% 24% 32% 26% 15% 25% 17% 6% 34% 13% Agricultural Solutions Health and Nutrition New FMC Latin America North America Asia Pacific EMEA Exposure to Key Regions (Sales %) Diverse End-Markets and Applications (Sales %) Agricultural Solutions
Slide 7: FMC Minerals Overview
FMC Minerals Overview Structurally-advantaged business with attractive end markets 7 • Globally cost-advantaged positions in alkali chemicals and lithium • World-class mining operations with long reserve life and best-in-class technologies • Manufacturing excellence focused on cost and process effic
Slide 8: FMC Minerals Profile
FMC Minerals Profile Low cost manufacturing and operational excellence 8 • Alkali Chemicals • World’s largest natural soda ash producer • Only producer using longwall and solution mining technologies • Significant cost advantage over synthetic producers • Diversified end-markets result in stable dem
Slide 9: Summary
Summary 9 • Separation will create two independent public companies – New FMC and FMC Minerals •Will deliver meaningful benefits to each of the new businesses, the communities in which we operate, and all of our stakeholders • Expected to be completed by early 2015 New FMC • Technology-based and cus