Archer-Daniels-Midland Company (NYSE:ADM) Q4 2022 Earnings Call Transcript January 26, 2023 Operator: Good morning and welcome to the ADM Fourth Quarter 2022 Earnings Conference Call. As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s call, Megan Britt, Vice President, Investor Relations for ADM. Ms. Britt, […]
Archer-Daniels-Midland Co (NYSE: ADM) reported fourth-quarter FY22 sales growth of 13.6% year-on-year to $26.23 billion, beating the consensus of $25.41 billion. Revenues from Ag Services and Oilseeds rose 16.3% Y/Y, Carbohydrate Solutions increased 1.9%, and Nutrition climbed 7%. Gross profit increased 6.8% Y/Y to $1.7 billion with a margin of 6.7%. Selling, general and administrative expenses rose 14% to $897 million. Segment operating margin was 6.1%, and Segment operating income for the quar
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