THE WIRE · № 81925
FMC Corporation Provides Update to Third-Quarter Expectations and Announces Comprehensive Commercial Actions to Expedite Return to Growth
01 THE MACHINE READ
WHY IT MATTERS.
Revenue guidance cut to $65-125M and negative EBITDA of roughly -$510M to -$565M with $625-675M charges signals severe operational deterioration.
FMC warns on Q3 with heavy restructuring charges
Q3 print and commercial action execution
Charges may exceed guidance, further cuts
FULL DISPATCH
Third-quarter revenue1 is now expected to be $65 million to $125 million, with Adjusted EBITDA2 expected to be negative $565 million to negative $510 million Revised expectations now include commercial actions which are resulting in approximately $625 million to $675 million in charges...
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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