Joel Jackson
BMO Capital Markets Equity Research

All right. Let's go on to our next session, kicking off the afternoon with FMC, a very large global producer of crop chemical, crop protection chemicals and distributor of same. We're joined here by Pierre Brondeau, the CEO; Andrew Sandifer, CFO. Gentlemen, it's interesting times we live in, interesting times for FMC as well.

Joel Jackson
BMO Capital Markets Equity Research

Maybe you could kick off and Pierre and Andrew give us a bit of a state of the union for FMC.

Pierre Brondeau
President, CEO & Non-Executive Chairman of the Board

Sure. This time, the company is, as we say, '26 is a critical year. We've defined a strategic plan. which is based on 4 pillars for the company in terms of paying down debt, restructuring and manufacturing footprint post [indiscernible] strategy and new technology and of course, the financing of the company. And while we do that at the same time, the Board has asked to look at strategic options, including the sale of the company, but not limited to the sale of the company. So that's about where we are, very high focus on our 2026 strategic plan, but at the same time, looking at other options.

Joel Jackson
BMO Capital Markets Equity Research

Okay. Let's talk about some of the latest news. So you sold the India business, you've been trying to sell it for a little while. You sold it for $250 million against the $1 billion you're trying to deleverage. Maybe give a bit