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ADM reports:

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Chicago - ADM (NYSE: ADM) today reported financial results for the quarter ended March 31, 2021.

"ADM delivered an outstanding first quarter, building on our great 2020 performance. As expected, we achieved strong earnings spanning all three of our businesses, and a sixth consecutive quarter of year-over-year adjusted operating profit growth," said Chairman and CEO Juan Luciano.

"Our team executed well across the board, as we continued to find new and innovative ways to meet the evolving needs of our customers. We are seeing clear, favorable demand trends for many of our products, and we expect that pattern to continue as vaccine rollouts accelerate and restrictions ease.

"We are also moving into the next phase of our strategic transformation, which will sharpen our focus on two key pillars - Productivity and Innovation - to enhance our capabilities to deliver outstanding execution, serve customer needs, and power growth and profitability.

"Taking all of these factors into account, our outlook today is even more optimistic than what we shared at the beginning of the year. We expect significant year-over-year growth in earnings across all three of our businesses in 2021, and continued sustainable growth in the years to come."

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