Fmc Corporation · NYSE:FMC

Fmc — Investor Presentation (August 2008)

20 slides from Fmc's investor presentation, Aug 25, 2008

  1. Slide 1: Investor Presentation August 2008

    Exhibit 99.1 * * * * * * * FMC Corporation Investor Presentation August 2008

  2. 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

  3. Slide 3: FMC Corporation

    FMC Corporation LTM ending June 30, 2008 ($ millions) FMC Revenue: $2,857.7 EBITDA: $585.2 Margin*: 20.5% Industrial Specialty Agricultural Chemicals Chemicals Products Revenue: $1,183.7 Revenue: $702.0 Revenue: $976.3 EBITDA: $202.5 EBITDA: $180.7 EBITDA: $258.9 Margin*: 17.1% Margin*: 25.7% Margin

  4. Slide 4: Leading Market Positions

    Leading Market Positions Product Group Position (1) Industrial Soda Ash #1 in N.A. Chemicals Peroxygens #1 in N.A. (2) Agricultural Pyrethroids #2 in N.A. Products Carbofuran #1 Globally Microcrystalline Cellulose #1 Globally Specialty Carrageenan #1 Globally Chemicals Alginates #2 Globally Lithium

  5. Slide 5: Diversified Customers and End Markets

    Diversified Customers and End Markets 2007 Consolidated Sales Bottle Other 12% Cyclical Non-Cyclical Glass 3% Chemicals 6% 19% 81% Food 8% Pulp & Paper 4% Glass/Fiberglass 4% Pharmaceuticals 11% Electronics 2% Other 3% Detergents 9% Chemicals 4% Agricultural 34% Greater than 80% of sales to non-cycl

  6. Slide 6: Diversified and Integrated Cost Structure

    Diversified and Integrated Cost Structure Low cost sourcing of raw materials • Backward integration: soda ash, lithium • Global sourcing of renewable resources: hardwood pulp, seaweed Low reliance on purchased raw materials • Total raw materials represented 28% of cost of sales in 2007 • No single r

  7. Slide 7: Disciplined Approach to Unlocking Value

    Disciplined Approach to Unlocking Value Realizing the inherent operating leverage within FMC • Sustained earnings growth >10% per year (1) • 2008 expected to be the fifth straight year of growth in Industrial Chemicals’ soda ash business • Continued growth in Specialty Chemicals and Agricultural Pro

  8. Slide 8: Agricultural Products

    Agricultural Products Based on 2007 Consolidated Sales of $889.7 million Fungicides Asia 2% Pacific North 15% America 22% Herbicides EMEA 41% 17% Insecticides 57% Latin America 46% Strong niche positions in the Americas, Europe and Asia Proprietary, branded insecticides and herbicides Strategic Focu

  9. Slide 9: Agricultural Products

    Agricultural Products 2008 segment earnings up nearly 20 percent driven by sales growth and further supply chain productivity improvements, partially offset by higher raw material costs 8

  10. Slide 10: Specialty Chemicals

    Specialty Chemicals Based on 2007 Consolidated Sales of $659.5 million Asia Pacific North Lithium 21% America 32% 36% BioPolymer EMEA Latin 68% 36% America 7% BioPolymers add structure, texture and stability to food and act as binders & disintegrants for dry tablet drugs Lithium focus on downstream

  11. Slide 11: Specialty Chemicals

    Specialty Chemicals 2008 segment earnings growth of 5-10 percent driven by strong commercial performance in BioPolymer and lithium specialties, partially offset by increasing raw material and energy costs and higher export taxes 10

  12. Slide 12: Industrial Chemicals

    Industrial Chemicals Based on 2007 Consolidated Sales of $1,087.1 million Asia Pacific 7% Foret 32% Alkali EMEA 34% North (Soda Ash) America 52% 48% Peroxygens 16% Latin America 11% #1 North American manufacturer of soda ash and peroxygens Backward integration into natural resources Low cost, propri

  13. Slide 13: Industrial Chemicals

    Industrial Chemicals 2008 segment earnings approximately double as aggregate price and volume benefits more than offset higher raw material costs 12

  14. Slide 14: FMC in Summary

    FMC in Summary Great businesses, each with EBITDA >$180 million Sustained double-digit earnings growth* Earnings leverage in Industrial Chemicals Continued growth in Specialty Chemicals and Ag Products Strategic and financial flexibility Robust and growing EBITDA Balance sheet de-leveraged Low capex

  15. Slide 15: Appendix: Glossary of Financial Terms and Reconciliations of GAAP to Non-GAAP

    * * FMC Corporation Appendix Glossary of Financial Terms and Reconciliations of GAAP to Non-GAAP

  16. Slide 16: 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 Amortizati

  17. Slide 17: Segment Financial Terms

    Segment Financial Terms These slides contain references to segment financial items which are presented in detail in Note 19 of FMC’s second quarter 2008 Form 10-Q. Some of the segment financial terms are “non-GAAP financial terms” and are defined below. In addition, we have provided reconciliations

  18. Slide 18: EBITDA Reconciliation: LTM 6/30/2008

    EBITDA Reconciliation: LTM 6/30/2008 Reconciliation of LTM 6/30/2008 consolidated income from continuing operations before income taxes (a GAAP measure) to LTM 6/30/2008 EBITDA (a Non-GAAP measure) (Unaudited, in $ millions) LTM 6/30/2008 Income (loss) from continuing operations before income taxes

  19. Slide 19: Segment EBITDA Reconciliation: LTM 6/30/2008

    Segment EBITDA Reconciliation: LTM 6/30/2008 Reconciliation of LTM6/30/2008 segmentoperatingprofit(a GAAPmeasure)to LTM 6/30/2008 EBITDA (a Non-GAAP measure) (Unaudited, in millions) Segment Industrial Specialty Agricultural Chemicals Chemicals Products LTM 6/30/2008 segment operating profit (GAAP)

  20. Slide 20: FMC Corporation

    FiViC FMC Corporation

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