cfodive5d
ADM reveals more accounting errors, cancels earnings call
The global grain trader’s accounting practices and internal controls have been under scrutiny since January when it revealed ...
ADM down 6% as more accounting errors arise, profit forecast cut
Archer-Daniels-Midland shares fell 7% premarket on Tuesday after the global grains merchant cut its adjusted annual profit forecast and said it would amend its previous financial statements after ...
Archer-Daniels Midland's Profit Decline Reflects Fall to Midcycle Levels Following Crop Prices
Archer-Daniels Midland is in excellent financial health. As of June 30, 2024, ADM reported net debt of $9.8 billion. Management reported a net debt/adjusted EBITDA ratio of approximately 1.9 times, ...