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Mar 31, 2020

ADM Q1 2020 Earnings Report

ADM reported first quarter earnings with adjusted EPS of $0.64 and net earnings of $391 million.

Key Takeaways

ADM reported strong first quarter earnings, supported by the resilience of its people and the strength of its business model amidst the challenges of the COVID-19 pandemic. The company is focused on supporting its colleagues and advancing its strategy while managing the negative impacts of the pandemic.

Net earnings of $391 million.

Strong quarter-end balance sheet with cash and cash equivalents of $4.7 billion.

Ag Services & Oilseeds delivered strong results that were in line with the year-ago period.

Nutrition results were once again substantially higher year over year.

Total Revenue
$15B
Previous year: $15.3B
-2.2%
EPS
$0.64
Previous year: $0.46
+39.1%
Gross Profit
$951M
Previous year: $928M
+2.5%
Cash and Equivalents
$4.73B
Previous year: $926M
+411.2%
Free Cash Flow
-$849M
Previous year: -$2.23B
-62.0%
Total Assets
$35B
Previous year: $43.2B
-19.0%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

ADM is confident in its ability to navigate the challenges posed by the COVID-19 pandemic and continue delivering nutrition around the globe.

Revenue & Expenses

Visualization of income flow from segment revenue to net income