ADM Reports Q2 Earnings of $0.84 per Share, $0.85 per Share on an Adjusted Basis
- July 29, 2020
- ADMIS Research Team
CHICAGO–(BUSINESS WIRE)– ADM (NYSE: ADM) today reported financial results for the quarter ended June 30, 2020.
“This was another strong quarter for ADM. I am proud of our team’s excellent work, as their execution of our strategy continued to deliver results,” said Chairman and CEO Juan Luciano. “Through good and challenging times alike, we have kept a strong and steady focus on transforming and improving our company. Thanks to that work, and thanks to the ADM colleagues who have gone above and beyond to support our customers and the global food supply chain, we are delivering on our purpose by providing high quality nutrition around the world.
• Net earnings of $469 million
• Strong first half; execution of strategic plan continued delivering results
• Safely served customers, protected employees while supporting global food supply chain with minimal disruptions despite challenging environment
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