ADM Reports Fourth Quarter Earnings and Full-Year 2023 Results; Provides 2024 Guidance
CHICAGO–(BUSINESS WIRE)– ADM (NYSE: ADM) today reported financial results for the quarter and full year ended December 31, 2023.
Full-Year 2023 Highlights
- Segment operating profit of $5,900 million, adjusted segment operating profit1 of $6,244 million
- Trailing four-quarter average adjusted return on invested capital (ROIC)1 of 12.2%
Board Chair and CEO Juan Luciano commented, “ADM’s results speak to the resiliency of our business. Supported by our unparalleled global footprint and capabilities, we delivered another solid year of execution. Our team continues to focus on delivering high-quality products and services for our customers and is driving our productivity and innovation agenda, while generating strong cash flows that allow us to accelerate the return of cash to our shareholders.”
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