FMC adjusts 2015 goals, targets more investment

Brondeau: Aiming for a bigger company. FMC is on track to meet or exceed its revenue goals of at least $5.5 billion in 2015, with Ebit totaling at least $1.2 billion and return on invested capital in the mid-teens. However, the means of achieving that goal have shifted towards organic growth and away from acquisitions. While the company still expects to have about $4 billion in cash to deploy over the 2010–15 period, FMC now expects 39% of that to be utilized for organic growth investments, with 26% used for acquisitions. In 2010, FMC said it expects to use...

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