Archer-Daniels-Midland Co at Bank of America Agriculture and Materials Conference (Virtual) Transcript

Mar 03, 2022 / 02:30PM GMT
Stephen V. Byrne - BofA Securities, Research Division - MD in Americas Equity Research & Research Analyst

We're up. All right. Very good. Welcome back. It's a pleasure for me to host this next fireside chat with Archer Daniels. With me up here, I have Greg Morris and Vikram Luthar. So please jump in with questions as we go through.

Maybe I'll kick it over to you guys for some opening remarks, and we'll jump in. Vikram?

Vikram Luthar - Archer-Daniels-Midland Company - Senior VP, Head of IR & CFO of Nutrition

Thank you, Steve and Bank of America. We're delighted to be here today. And just before we get started, I wanted to give you a quick reminder that we've got a safe harbor statement, which is on our website at adm.com, part of our Q4 earnings day.

Over the last decade, ADM has undergone a significant transformation, and we have fundamentally changed our earnings profile as well as our growth trajectory. First, we focused on strengthening the core with a strong emphasis on improving the returns through reducing capital expenditures,

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