Slide 1: FMC Corporation – Credit Suisse Basic Materials Conference
FMC Corporation Credit Suisse Basic Materials Conferenc e Boston, MA May 12, 200 9 William G. Walter Chairman, President and CE 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 March 31, 2009
FMC CORPORATION Revenue: $3,056 EBITDA: $659 Margin*: 21.6% INDUSTRIAL CHEMICALS Revenue: $1,263 EBITDA: $257 Margin*: 20.3% AGRICULTURAL PRODUCTS Revenue: $1,043 EBITDA: $266 Margin*: 25.5% SPECIALTY CHEMICALS Revenue: $755 EBITDA: $183 Margin*: 24.2% FMC Corporation LTM ending March 31, 2009 ($ mi
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 3/31/2009 income to EBITDA
Reconciliation of LTM 3/31/2009 consolidated income from continuing operations before income taxes (a GAAP measure) to LTM 3/31/2009 EBITDA (a Non-GAAP measure) EBITDA Reconciliation: LTM 3/31/2009 ( Unaudited, in $ millions) LTM 3/31/2009 Income (loss) from continuing operations before income taxes
Slide 14: Segment EBITDA Reconciliation: LTM 3/31/2009
Reconciliation of LTM 3/31/2009 segment operating profit (a GAAP measure) to LTM 3/31/2009 EBITDA (a Non-GAAP measure) (Unaudited, in millions) Segment EBITDA Reconciliation: LTM 3/31/2009 Segment Industrial Specialty Agricultural Chemicals Chemicals Products LTM 3/31/2009 segment operating profit (
Slide 15: FMC Corporation
FMC Corporation