FMC (FMC) Q1 2018 Results - Earnings Call Transcript

May 03, 2018 3:25 PM ETFMC Corporation (FMC)
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FMC Corp. (NYSE:FMC) Q1 2018 Earnings Call May 3, 2018 9:30 AM ET

Executives

Michael Wherley - FMC Corp.

Pierre R. Brondeau - FMC Corp.

Paul W. Graves - FMC Corp.

Mark A. Douglas - FMC Corp.

Analysts

Christopher S. Parkinson - Credit Suisse Securities (USA) LLC

Frank J. Mitsch - Wells Fargo Securities LLC

Christopher Evans - Goldman Sachs & Co. LLC

Ian Bennett - Bank of America Merrill Lynch

Daniel Jester - Citigroup Global Markets, Inc.

Joel Jackson - BMO Capital Markets (Canada)

Michael Joseph Harrison - Seaport Global Securities LLC

Michael J. Sison - KeyBanc Capital Markets, Inc.

Dmitry Silversteyn - Longbow Research LLC

Aleksey Yefremov - Nomura Instinet

Chris Kapsch - Loop Capital Markets LLC

Mark Connelly - Stephens, Inc.

Arun Viswanathan - RBC Capital Markets LLC

Laurence Alexander - Jefferies LLC

Operator

Good morning, and welcome to the First Quarter 2018 Earnings Release Conference Call for FMC Corporation. Phone lines will be placed on a listen-only mode throughout the conference. After the speakers' presentation, there will be a question-and-answer period.

I will now turn the conference over to Mr. Michael Wherley, Director, Investor Relations for FMC Corporation. Mr. Wherley, you may begin.

Michael Wherley - FMC Corp.

Thank you, and good morning, everyone. Welcome to FMC Corporation's first quarter earnings call. Joining me today are Pierre Brondeau, President, Chief Executive Officer and Chairman; and Paul Graves, Executive Vice President and Chief Financial Officer.

Pierre will review FMC's first quarter performance and provide the outlook for 2018 and the second quarter. Paul will provide an overview of select financial results. The slide presentation that accompanies our results, along with our earnings release and our 2018 outlook statement, are available on our website; and the prepared remarks from today's discussion will be made available after the call. Mark Douglas, President, FMC Agricultural Solutions; and Tom Schneberger, Vice

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