Crop Protection sales gained 3 per cent (organic up 6 per cent), with volume surging 8 per cent on strong demand for new products and biologicals
Corteva reported a 3 per cent year-on-year increase in net sales for the second quarter ended June 30, 2025, with organic sales climbing 5 per cent on gains across all regions.
Seed net sales rose 2 per cent (organic up 5 per cent), driven by a 3 per cent price increase led by North America and EMEA and a 2 per cent volume lift from expanded corn planting in North America. Crop Protection sales gained 3 per cent (organic up 6 per cent), with volume surging 8 per cent on strong demand for new products and biologicals. Price declines of 2 per cent reflected competitive market conditions in Latin America.
GAAP income from continuing operations stood at $2.05 billion, or $2.98 per share, while operating EBITDA reached $3.35 billion, translating to operating EPS of $3.33.
Corteva has raised its 2025 full-year guidance, now projecting net sales of $17.6 billion to $17.8 billion, operating EBITDA of $3.75 billion to $3.85 billion, and operating EPS between $3.00 and $3.20. The company also expects to repurchase approximately $1 billion in shares this year.
“In the second quarter, farmers’ drive to get the most out of every acre led to higher demand for our best-in-class seed and crop protection solutions,” said Chuck Magro, CEO. “Our focus on cost discipline and operational excellence resulted in impressive margin expansion. The stronger view of 2025 underscores our confidence in delivering our 2027 financial framework and the value our business offers in both the short and long term.”