FMC Corporation (NYSE:FMC) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET

Company Participants

Curt Brooks - Director, Investor Relations
Mark Douglas - President and Chief Executive Officer
Andrew Sandifer - Executive Vice President and Chief Financial Officer

Conference Call Participants

Vincent Andrews - Morgan Stanley
Josh Spector - UBS
Adam Samuelson - Goldman Sachs
Kevin McCarthy - Vertical Research Partners
Joel Jackson - BMO Capital Markets
Steve Byrne - Bank of America
Andrew Keches - Barclays
Edlain Rodriguez - Mizuho
Mike Harrison - Seaport Research Partners
Arun Viswanathan - RBC Capital

Operator

Good morning and welcome to the First Quarter 2024 Earnings Call for FMC Corporation. This event is being recorded. [Operator Instructions] I would now like to turn the conference over to Mr. Curt Brooks, Director of Investor Relations for FMC Corporation. Please go ahead.

Curt Brooks

Thanks. Good morning, everyone and welcome to FMC Corporation’s first quarter earnings call. Joining me today are Mark Douglas, President and Chief Executive Officer; and Andrew Sandifer, Executive Vice President and Chief Financial Officer. Mark will review our first quarter performance as well as provide an outlook for the second quarter and implied first half expectations. He will also provide an update to our full year outlook and implied second half expectations. Andrew will provide an overview of select financial results. Following the prepared remarks, we will take questions. Our earnings release and today’s slide presentation are available on our website and the prepared remarks from today’s discussion will be made available after the call.

Let me remind you that today’s presentation and discussion will include forward-looking statements that are subject to various risks and uncertainties concerning specific factors, including, but not limited to, those factors identified in our earnings release and in our filings with the Securities and Exchange Commission. Information presented represents our best estimates based on today’s understanding. Actual results may vary based upon these risks and uncertainties. Today’s discussion and the supporting materials will include references to adjusted EPS, adjusted EBITDA, adjusted cash from operations, free cash flow and organic revenue growth, all of which are non-GAAP financial measures. Please note that as used in today’s discussion, earnings means adjusted earnings and EBITDA means adjusted EBITDA. A reconciliation and definition of these terms as well as other non-GAAP financial terms to which we may refer during today’s conference call are provided on our website.

With that, I’ll turn the call over to Mark.