FMC Secures First Product Registration in Brazil for Sofera Fall

Group 1: Product Development and Market Strategy - FMC Corporation has received its first product registration in Brazil for Sofero Fall pheromone, aimed at sustainable pest control for row crops, specifically targeting fall armyworms [1] - The Sofero Fall pheromone utilizes an innovative mating disruption technique, focusing on prevention rather than treatment, and combines synthetics, biologicals, and precision technologies to enhance operational efficiency [2] - FMC is also awaiting registration for Sofero Frugi pheromone in Mexico, expected in 2027, as part of its strategy to expand its portfolio with sustainable pest management programs [3] Group 2: Financial Performance and Market Position - FMC's stock has declined by 36.1% over the past year, compared to a 12.9% decline in the industry [5] - The company expects first-quarter revenues to be between $750 million and $800 million, reflecting a 16% decrease at the midpoint from the same period in 2024, with adjusted EPS projected to fall by 72% at the midpoint [6] - FMC currently holds a Zacks Rank of 3 (Hold), while other companies in the Basic Materials sector, such as DRDGOLD Limited, Idaho Strategic Resources, and Carpenter Technology Corporation, have better rankings [7]