Debt Maturity Extension
Successfully extended all material debt maturities to 2030 and beyond, raising approximately $1.4 billion to refinance existing obligations, increasing financial flexibility and reducing refinancing risk.
Cost Reduction Achievements
Executed a cost reduction program on track to deliver cumulative annual savings of $160 million by the end of 2025, aiming for $250 million per year by 2027.
Noncore Asset Divestiture Proceeds
Signed agreements to generate proceeds of over $35 million from noncore asset divestments as of the end of Q2 2025, targeting $75 million by year-end.
Growth in Connectivity Solutions
Connectivity Solutions segment revenue increased 4% year-over-year, supported by higher volumes in North America telecommunications and data center markets.
Positive Developments in Precision Agriculture
Second quarter revenue increased 2% year-over-year, driven by growth in Brazil, the U.S., and Peru.