Corteva Says Continues To See Imbalance In Crop Protection Market; Corteva Expects $150M In Tailwinds In Crop Protection Business In H2; Corteva Expects Low Single Digit EBITDA Growth In H2
Portfolio Pulse from Benzinga Newsdesk
Corteva continues to see an imbalance in the crop protection market but expects $150 million in tailwinds in its crop protection business in the second half of the year. The company also anticipates low single-digit EBITDA growth in the same period.
June 11, 2024 | 1:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Corteva expects $150 million in tailwinds in its crop protection business and low single-digit EBITDA growth in the second half of the year, despite an imbalance in the market.
The expectation of $150 million in tailwinds and low single-digit EBITDA growth in the second half of the year is a positive indicator for Corteva's financial performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100