FMC Corporation (NYSE:FMC) Q4 2022 Earnings Call Transcript

Arun Viswanathan: When you think about maybe €˜24 and €˜25, €˜23 and €˜22 have been impacted by FX as well as cost inflation. But when you look at €˜24 and €˜25, you expect to get back on to a 7% to 9% EBITDA growth rate? And maybe if you could give us a little bit of what you’re thinking strategy-wise longer term. Are you planning to have an Investor Day and maybe unveil the next 3 to 5 years of strategy and biologicals be a bigger part of that? Or maybe you can just explain maybe some of the longer-term strategy?

Mark Douglas: Yes. Thanks for the question. As I just said in the script, we are going to have an Investor Day at the end of this year. We’ll give the dates coming. I don’t want to re-empt that because there’s a lot of work to do between now and then but we will be giving a view of the future, both, I would say, within the near-term few years and then a longer-term aspirational goal for the company. It is important that we feel that we have that longer-term view as we drive the company forward. We’ve been very good in managing the company through the last 5-year cycle, as Andrew has talked about before, we’re pretty much right now above our metric for revenue. But right on the bottom line of EBITDA despite well in excess of $1 billion so far of costs. So I would say you just have to hold that question until we get to the end of the year.

Zack Zaki : All right. Thank you, Emily. That’s all the time that we have for questions. Thank you very much. Have a good day.

Operator: This concludes the FMC Corporation conference call. Thank you for attending. You may now disconnect.