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FMC says it will lose a lot of money and cut its sales expectations.

ResultsRead the original at Benzinga
Bad for FMC

FMC expects third-quarter sales of $65 million to $125 million and an adjusted loss of $510 million to $565 million. Charges of $625 million to $675 million and weak orders outweigh its plan to support growth from 2027 onward.

FMC · FMC Corporation

AI read · Bad for FMC

The AI's read

Fewer distributor orders leave FMC with less business, and its price cuts will add major costs. Those pressures outweigh the chance that the changes will bring back growth from 2027 onward. FMC expects to meet its debt terms for September, but plans to ask lenders for more flexibility. That offers some breathing room, not proof that sales have recovered.

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