Form 8-K · Current Report · Filed 2024-01-31
Corteva Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Guidance
Corteva, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2023. The company's full-year net sales declined by 1% to $17.23 billion, and GAAP income from continuing operations decreased by 23% to $941 million. Operating EBITDA improved by 5% to $3.38 billion. Corteva also provided guidance for 2024, expecting net sales between $17.4 billion and $17.7 billion and Operating EBITDA between $3.5 billion and $3.7 billion.
- Filer
- Corteva, Inc. CTVA · NYSE
- Filed
- Accession
- 0001755672-24-000002
- CIK
- 0001755672
- Signal
- Low impactBasic Materials
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
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Exhibits (2)
About Corteva, Inc.
Corteva, Inc. is a leading global player in the agriculture industry, focused on providing innovative solutions to improve food security and crop productivity. Specializing as an agricultural chemical and seed company, Corteva offers a diverse range of hybrid seeds, crop protection products, and digital agricultural tools. Its products are designed to assist farmers in optimizing yields, enhancing resistance to pests and diseases, and improving the overall sustainability of farming practices. With a strong commitment to research and development, Corteva invests heavily in creating advanced seed varieties and eco-friendly crop protection chemicals. These solutions cater to farming needs across various geographical regions, addressing the challenges of different climates and growing conditions. Operating in an industry crucial for the global food supply chain, Corteva’s role is vital in supporting the backbone of agricultural productivity. Established as a result of the separation from DowDuPont in 2019, Corteva is headquartered in Wilmington, Delaware. It serves a pivotal role in addressing the growing global demand for efficient and sustainable agricultural practices, influencing both modern agricultural production and market trends in the sector.
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