 |
| CLICK HERE TO VIEW CURRENT ISSUE |
 |
| Best of NAMA 2026 |
|
 |
|
MONSANTO UPDATES ITS 2014 OUTLOOK
Jan. 9, 2014
Source: Monsanto news release
In fiscal year 2014, Monsanto continues to expect strong operational growth from its core business, reflected in mid-to-high teens growth in EBITDA.
The company also confirmed its fiscal year 2014 ongoing earnings guidance, stating that it continues to expect to achieve ongoing EPS of $5.00 to $5.20.
Full-year 2014 EPS guidance on an as-reported basis is expected in the range of $5.02 to $5.22 per share.
The company also reaffirmed free cash flow in the range of $600 million to $800 million for fiscal year 2014, after approximately $917 million (net of cash acquired) in cash for The Climate Corporation acquisition and investment to support the recently announced alliance on microbials with Novozymes.
The company expects net cash provided by operating activities to be $2.9 billion to $3.3 billion, and net cash required by investing activities to be approximately $2.3 billion to $2.5 billion for fiscal year 2014, including capital expenditures and acquisition-related costs.
|
|
|
|
|
