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* Agricultural chemicals company FMC Corporation shares plummet 44% to $4.52 premarket * Co warns it will take $625 million to $675 million of charges in Q3, impacting revenue and adjusted EBITDA * Says charges will be because of "commercial actions" it is taking to boost demand * FMC will lower the price of select pro
Oct 15 (Reuters) — FMC Corp on Thursday slashed its third-quarter forecasts after it cut prices of its distributor inventory amid falling agrochemical prices, dragging its shares 46% lower in premarket trading. The agricultural chemicals maker is grappling with weak distributor demand as falling market prices and incre
FMC expects third-quarter revenue of $65 million to $125 million and Adjusted EBITDA of negative $565 million to negative $510 million. The company said commercial actions to reduce prices and change its U.S. selling model underpin the outlook.
FMC now expects third-quarter 2026 revenue of $65 million to $125 million. Adjusted EBITDA is forecast at negative $565 million to negative $510 million. Guidance includes $625 million to $675 million in charges affecting revenue and adjusted EBITDA from inventory repricing and US pricing-model changes. Demand was weak