FMC Corporation · NYSE:FMC
FMC — Investor Presentation (February 2007)
14 slides from FMC's investor presentation, Feb 8, 2007
Slide 1: FMC Corporation
# # # FMC Corporation William G. Walter Chairman, President and CEO New York, NY February 8, 2007 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 o
Slide 3: FMC Corporation
Industrial Chemicals Revenue: $990.9 EBITDA: $161.2 Margin*: 16.3% Agricultural Products Revenue: $767.0 EBITDA: $182.4 Margin*: 23.8% Specialty Chemicals Revenue: $592.8 EBITDA: $150.1 Margin*: 25.3% FMC Corporation For the FY ending December 31, 2006 ($ millions) FMC Revenue: $2,347.0 EBITDA: $455
Slide 4: Performance in 2006
Performance in 2006 ($ millions, expect per share data) $ % v. PY $ % v. PY FMC Sales 588.4 2,347.0 FMC EPS (1) 1.24 5.48 Operating Income (2) Agricultural Products 23.2 151.0 Specialty Chemicals 24.5 118.8 Industrial Chemicals 21.2 96.7 (1) Earnings before restructuring and other charges (2) Income
Slide 5: Disciplined Approach to Unlocking Value
Realizing the inherent operating leverage within FMC - Sustained trend line earnings growth >10% per year (1) - Fourth year of recovery in Industrial Chemicals - Continued growth in Specialty Chemicals and Agricultural Products Maintaining financial strength and flexibility - Investing in higher gro
Slide 6: Agricultural Products
Insecticides 73% North America 28% Latin America 39% Asia 16% Europe/ Middle East/Africa 17% Herbicides 25% Fungicides 2% Agricultural Products Strong niche positions in the Americas, Europe and Asia Proprietary, branded insecticides and herbicides FMC differentiated by: – Focused strategy in select
Slide 7: Specialty Chemicals
BioPolymer 69% Lithium 31% Latin America 6% North America 39% Europe/Middle East/Africa 37% Asia 18% • One of two global, integrated manufacturers • Focus on specialty products – pharmaceuticals and energy storage devices Lithium: • Adds structure, texture and stability to food • Acts as a binder &
Slide 8: Industrial Chemicals
Asia 7% Alkali (Soda ash) 49% Peroxygens 18% Foret 33% Latin America 9% North America 50% Europe/Middle East/Africa 34% Asia 7% Industrial Chemicals Pursuing near-term sales growth thru higher volumes and prices Working to offset higher energy, raw material and transportation costs Favorable soda as
Slide 9: FMC in Summary
FMC in Summary Great businesses, each with EBITDA of at least $150 million Double-digit trend line earnings growth - Earnings leverage in Industrial Chemicals - Continued growth in Specialty Chemicals and Ag Products Strategic and financial flexibility - Robust and growing EBITDA - Recent balance sh
Slide 10: FMC Corporation
# # FMC Corporation
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 which are presented in detail in Note 18 of FMC’s 2005 Form 10-K. Some of the segment financial terms are “non-GAAP financial terms” and are defined below. In addition, we have provided reconciliations of non-GAAP ter
Slide 13: Reconciliation
Reconciliation of Fiscal Year consolidated income from continuing operations before income taxes (a GAAP measure) to Fiscal Year EBITDA (a Non-GAAP measure (Unaudited, in $ millions) FY 2006 Income from continuing operations before income taxes $213.5 Add: Restructuring and other charges 74.8 EBITDA
Slide 14: Reconciliation
Reconciliation of Fiscal Year segment operating profit (a GAAP measure) To Fiscal Year EBITDA (a Non-GAAP measure) (Unaudited, in millions) Industrial Specialty Agricultural Segment Chemicals Chemicals Products FY 2006 segment operating profit (GAAP) $96.7 $118.8 $151.0 Add: Depreciation and amortiz