Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
FMC on track to exceed 2015 revenue goal
4:17 PM MST | December 11, 2012 | Vincent Valk
FMC says it is on track to meet or exceed the company’s 2015 targets for sales, Ebit and return on invested capital (ROIC), the company said at its investor day today. The company expects sales to total at least $5.5 billion in 2015, with Ebit totaling at least $1.2 billion and ROIC in the mid-teens. FMC expects to meet its 2015 targets without engaging in “large, complex or transformational acquisitions.” Last month, FMC reported third-quarter 2012 sales of $902.4 million, and net income of $90 million. FMC’s 2011 sales totaled...
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