Archer-Daniels Midland Co (FRA:ADM)
€ 58.35 0.4 (0.69%) Market Cap: 28.89 Bil Enterprise Value: 38.59 Bil PE Ratio: 11.01 PB Ratio: 1.36 GF Score: 76/100

Archer-Daniels-Midland Co at JPMorgan US All-Stars Conference (Virtual) Transcript

Sep 16, 2020 / 12:00PM GMT
Release Date Price: €39.92 (-0.78%)
Thomas Marc Alfred Simonitsch
JPMorgan Chase & Co, Research Division - Analyst

Hello, everybody, and welcome to the JPMorgan U.S. All Stars Conference. My name is Tom Simonitsch. I'm a research analyst here at JPMorgan. We're delighted to host Ray Young, CFO of Archer Daniels Midland. I know that Ray has some opening remarks so we're handing over to him very quickly. ADM has a market cap of $26 billion. The stock has performed in line with the broader market year-to-date with total shareholder returns of 5% versus the S&P 7%, and we have a neutral rating.

With that, Ray, thank you so much for joining us. Over to you. Sorry, Ray, I think you may be on mute.

Ray Guy Young
Archer-Daniels-Midland Company - Executive VP & CFO

Sorry about that, Tom. So good morning, everyone, or good afternoon, everyone, and I appreciate the invitation from JPMorgan to participate in this conference here. I always look forward to coming to London for the September conference with JPM. And hopefully, next year, I'll be able to participate in person in order to

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