Group 1 - Corteva, Inc. will release its second quarter 2024 earnings on July 31, 2024, after market close [1] - The earnings presentation will be available via a live webcast on August 1, 2024, at 10:00 a.m. Eastern Time [1] - A slide presentation accompanying the webcast will be posted on the Company's Investor Events and Presentations page, with a replay available until August 1, 2025 [4] Group 2 - Corteva, Inc. is a global pure-play agriculture company focused on delivering solutions for agriculture challenges through innovation and customer engagement [5] - The company utilizes a unique distribution strategy and offers a balanced mix of seed, crop protection, and digital products and services [5] - Corteva aims to maximize productivity for farmers while ensuring progress for future generations [5]

Company and Industry Overview * **Company**: Corteva, Inc. (NYSE:CTVA), a leading global provider of seed and crop protection solutions in the agricultural sector. * **Industry**: Agri-tech, specifically seed and crop protection. * **Merger and IPO**: Formed post the merger of DowDuPont in 2017, with an IPO in 2019. Key Accomplishments and Financials * **Technology Innovation**: Added 7,000 patents to its technology innovation portfolio over the past five years. * **Operational Improvements**: Improved EBITDA margins by over 500 basis points from 2019 to 2023, reaching 19.6%. * **Cash Return to Shareholders**: Returned over $5 billion in dividends and share buybacks during the same period. Business Performance Update * **Seed Business**: Strong start to the year, with favorable planting conditions and good volume in the US and Pioneer core corn seed business. * **Crop Protection Business**: Headwinds due to tough comparisons from the previous year and demand-supply imbalances. However, generated over $1 billion of EBITDA and maintained strong cash flow. * **Market Updates**: * **US**: Planting progress is on track, with corn and soybean planting percentages close to historic averages. * **Europe**: Cold and damp weather in Northern Europe has delayed planting and Crop Protection applications, impacting the second quarter. * **Latin America**: Severe flooding in Southern Brazil and Argentina may affect the upcoming season, with corn stunt in Argentina being a new concern. Financial Guidance * **EBITDA**: Guidance of $3.5 billion to $3.7 billion for the year, with the second half expected to be slightly down year-over-year due to weather-related factors. * **Cost Savings**: Targeting $350 million to $450 million in cost savings, including royalty expense reductions, productivity improvements, and ingredient cost deflation. * **Capital Allocation**: Targeting $1.5 billion to $2 billion in free cash flow generation, with a focus on dividends and share buybacks. Future Outlook * **2025 EBITDA Margin**: Targeting 21% to 23%, driven by seed pricing, new Crop Protection products, and the biologicals business. * **Investment in Innovation**: Continuing to invest in innovation, including new products, the biologicals business, and gene editing technologies. * **Upcoming Investor Day**: Scheduled for November in New York, focusing on strategy, the future of agriculture, and innovation.

Remarks will be webcast live. Registration for the webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation will be available 24 hours after the presentation ends and will be accessible until September 11, 2024. Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. C ...

INDIANAPOLIS, May 31, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in collaboration with Corteva, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Indianapolis. The camp offers a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI, and it will educate, inspire and fuel the next generation of innovators. These AI bootcamps are introductory and accessible to students in grades 9 ...

Corteva, Inc. (NYSE:CTVA) 2024 BMO Farm to Market Chemicals Conference May 15, 2024 9:30 AM ET Company Participants Dave Anderson - CFO Sam Eathington - CTO Kim Booth - VP, IR Conference Call Participants Joel Jackson - BMO Capital Joel Jackson Okay. Thanks. So, we'll keep going here. We're going to get into the world of seeds and crop cans. So next up is a fireside chat with Corteva who is, of course, a leading ag chem producer, very strong seed and trade portfolio and a very large crop protection producer ...

INDIANAPOLIS, May 8, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Executive Vice President and Chief Financial Officer, Dave Anderson, and Executive Vice President and Chief Technology and Digital Officer, Sam Eathington, will speak at the 2024 BMO Farm to Market Chemicals Conference at 9:30 a.m. Eastern Time on Wednesday, May 15, 2024. Remarks will be webcast live. Registration for the webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation wil ...

Table of Contents ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 1-815 Securities registered pursuant to Section 12(b) of the Act for Corteva, Inc.: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was ...

Corteva, Inc. (NYSE:CTVA) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kim Booth - Vice President, Investor Relations Chuck Magro - Chief Executive Officer Dave Anderson - Executive Vice President & Chief Financial Officer Tim Glenn - Executive Vice President, Seed Business Unit Robert King - Executive Vice President, Crop Protection Unit Conference Call Participants Vincent Andrews - Morgan Stanley Joel Jackson - BMO Capital Markets Kevin McCarthy - Vertical Research Frank M ...

Safe Harbor Regarding Forward-Looking Statements Forward-Looking Statements This presentation contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like "plan ...

Corteva, Inc. (CTVA) reported $4.49 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 8%. EPS of $0.89 for the same period compares to $1.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.56 billion, representing a surprise of -1.42%. The company delivered an EPS surprise of +12.66%, with the consensus EPS estimate being $0.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...