FMC's restructuring efforts, Project Focus, generated $165 million in cost benefits. However, the company acknowledges that additional actions under the program may be necessary to offset market headwinds.

FMC completed the sale of its Global Specialty Solutions (GSS) business for approximately $340 million. The proceeds were used to reduce outstanding debt, streamlining the company's focus.

FMC anticipates revenue for 2025 to remain relatively flat, with volume improvements expected to be offset by price declines. The company also expects a foreign currency headwind.

Selling, general and administrative expenses and research and development costs decreased due to cost reduction measures implemented in connection with the Project Focus initiative.

FMC's strategy includes a focus on optimizing functional costs and driving a fit-for-purpose and resilient supply network. The supply network is rigorously maintained to balance risk, cost, and quality.

FMC remains committed to leading the industry in safety, inclusion, and sustainability. These values define FMC and guide how the company does business.

The company faces competition from generic suppliers and new agricultural technologies, which could affect its ability to maintain or raise prices and retain market position.

Climatic conditions and geographic cyclicality affect the company's markets, potentially impacting crop yields, pricing, and pest infestations.

Changes in the regulatory environment and public perception could adversely impact the company's ability to produce and/or sell certain products or increase the cost of doing so.

The agrochemicals industry is consolidated, with five innovation companies representing approximately 72% of global sales. FMC employs differentiated strategies and competes with unique technologies.

Several products from FMC's portfolio are based on proprietary active ingredients with intellectual property protections, positioning the company to grow above market patterns.

FMC competes as an innovator by focusing on product development, including novel formulations and proprietary mixes, and by acquiring or licensing proprietary chemistries or technologies.

Project Focus is designed to right-size the cost base and optimize the footprint and organizational structure with a focus on driving significant cost improvement and productivity.

The company's supply chain and business operations could be disrupted from the temporary closure of third-party supplier and manufacturer facilities, interruptions in product supply or restrictions on the export or shipment of our products.

In recent years, the company has seen some logistics challenges, pointed supply chain shortages, and increased cost of goods due to disruptions in energy markets, inflation and tariffs.

The R&D efforts in the business focus on discovering and developing environmentally sound solutions – both new active ingredients and new product formulations – that meet the needs of farmers to maximize yields and control pests.

FMC Ventures continues to build its portfolio with new collaborations and strategic investments in start-ups and early-stage companies working on new or disruptive technologies.

FMC is broadening its award-winning Arc™ farm intelligence platform, a proprietary mobile solution that helps farmers better understand and manage pest pressure.

Capital expenditures were lower than the prior year as the company continues to constrain investment to only the most critical, high-return projects.

Proceeds from the sale of the GSS business were used to pay down outstanding debt, reflecting a capital allocation priority.

The company agreed that it will not repurchase shares, with the exception of share repurchases under our equity compensation plans.

FMC has established 2025 and 2035 sustainability goals, including 100% R&D spend on sustainably advantaged products and net-zero GHG emissions across the value chain by 2035.

FMC received validation on its near-term and net-zero targets in March 2023, aligning with the Paris Agreement.

FMC is continuing to phase out Highly Hazardous Pesticides (HHPs) from its product portfolio, which accounted for approximately 0.1 percent of total sales in 2024.

The unprecedented downturn in the global crop protection market during 2023 influenced the company to initiate a global restructuring plan.

An abrupt and widespread shift in purchasing behaviors by channel partners and end use customers has and may continue to negatively and materially impact the company's volumes.

The company's business has been and could continue to be adversely affected by economic and political changes in the markets where it competes including trade restrictions, tariff increases or potential new tariffs, foreign ownership restrictions and economic embargoes.