Strong Financial Performance
Corteva achieved top and bottom line growth with more than 200 basis points of operating EBITDA margin expansion. The company exceeded its 2025 net cost improvement target in the first half alone, raising the full year target to $450 million from $400 million.
Record First Half Performance
Operating EBITDA for the first half of 2025 was up over $400 million, reaching just over $3.35 billion. This was driven by organic sales growth, significant cost improvements, and a nearly 31% operating EBITDA margin.
Seed Business Success
The Seed business achieved 280 basis points of operating EBITDA margin expansion with pricing gains in most regions. The company also saw healthy branded share gains in both corn and soybeans.
Crop Protection Business Growth
The Crop Protection business delivered over 350 basis points of operating EBITDA margin expansion, with significant volume gains, especially in Brazil. This marks the fifth consecutive quarter of CP volume gains.
Increased Financial Guidance
Corteva raised the midpoint of its full year operating EBITDA guidance to $3.8 billion, a $100 million improvement from the previous quarter. Free cash flow guidance is also increased to approximately $1.9 billion.