FMC - FMC Corporation: Cyclical Downturn And Patent Expiry Posing A Challenge

2024-04-26 05:30:01 ET

Summary

• FMC is a global crop protection company operating in over 100 countries.
• The crop protection market is expected to stabilize after a decline in 2023, with a projected growth rate of 3% per year.
• FMC's patent expiration and new product initiatives will impact its future revenue growth and profitability.
• The next 12-18 months would give a better visibility on how the management handles the expiring patents, replacing those with new product initiatives.

Business

FMC Corporation ( FMC ) is a crop protection company that produces insecticide, herbicide, and fungicide active ingredients and product formulations. The company is operating five active ingredient plants, 16 formulation and packaging sites and its products are sold in over 100 countries, signifying its global reach....

For further details see: