Slide 1: 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 2: FMC Corporation
FMC CORPORATION Revenue: $2,842 EBITDA: $599 Margin*: 21.1% INDUSTRIAL CHEMICALS Revenue: $1,075 EBITDA: $180 Margin*: 16.7% AGRICULTURAL PRODUCTS Revenue: $1,023 EBITDA: $288 Margin*: 28.1% SPECIALTY CHEMICALS Revenue: $749 EBITDA: $186 Margin*: 24.8% FMC Corporation LTM ending September 30, 2009 (
Slide 3: Realizing the inherent operating leverage within FMC
Realizing the inherent operating leverage within FMC • Sustaining earnings growth > 10% per year (1) • Maintaining return on capital > 12% Focusing the portfolio on higher growth businesses • Managing Specialty Chemicals and Agricultural Products for growth • Managing Industrial Chemicals for cash M
Slide 4: 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 5: 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 6: 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 7: 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 8: 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 9: 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 10: Reconciliation
Reconciliation of consolidated income from continuing operations before income taxes (a GAAP measure) to EBITDA (a Non-GAAP measure) EBITDA Reconciliation: LTM 9/30/2009 (Unaudited, in $ millions) LTM 9/30/2009 Income (loss) from continuing operations before income taxes $336.0 Net Income attributab
Slide 11: Reconciliation of Segment Operating Profit to EBITDA
Reconciliation of Segment Operating Profit (a GAAP measure) to EBITDA (a Non-GAAP measure) Segment EBITDA Reconciliation: LTM 9/30/2009 (Unaudited, in $ millions ) LTM 9/30/2009 Segment Industrial Chemicals Specialty Chemicals Agricultural Products Segment Operating Profit (GAAP) $110.3 $154.6 $275.