The impact of COVID-19 on other key industrial markets, in addition to automotive, contributed to the double-digit volume declines. Similarly, Shelter Solutions sales declined as construction activity was impacted by stay-at-home orders issued across the globe. Operating EBITDA for the segment was $277 million, an increase of 13 percent from operating EBITDA of $246 million in the year-ago period, driven primarily by volume gains in Semiconductor Technologies and cost productivity actions. DuPont, with full name E. I. du Pont … 2019. The absence of a prior year gain on the sale of DuPont Sustainable Solutions, lower volumes and the impact of the trichlorosilane and Hemlock Semiconductor divestitures in September 2020 more than offset cost productivity. “For third quarter, we expect sales to be slightly up sequentially with improvement in automotive and residential construction mostly offset by seasonal patterns in Nutrition & Biosciences as well as the impact of supply constraints across our Tyvek® enterprise as we perform routine maintenance on the assets. In millions (Unaudited) Six Months Ended June 30, 2020. Investors can access information included on the Investor Relations section of the website at investors.dupont.com. Currency was a 1 percent headwind. “We expect third quarter adjusted EPS in the range of $0.71 - $0.73.". Net (loss) income Recent acquisitions in the Water Solutions business increased reported sales by 2 percent. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, , communications, safety and protection, home and construction, transportation and apparel. DuPont Q3 2020 Earnings Call Oct 29, 2020, 8:00 a.m. Currency was a 1 percent headwind. DuPont (DD) Misses Earnings and Revenue Estimates in Q4 - January 30, 2020 - Zacks.com Electronics & Imaging reported net sales of $905 million, up 5 percent from the year-ago period. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Additionally, DuPont and IFF announced two DuPont appointees who will serve as independent directors on the board of directors of the future combined company: Matthias Heinzel, President of Nutrition & Biosciences and John Davidson, director of Legg Mason, FMC, and TE Connectivity. “Each of these accomplishments represents critical milestones to create a market-leading company and to generate significant value for our shareholders,” Breen continued. endstream
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Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. The slide presentation that accompanies the conference call will be posted on the DuPont’s Investor Relations Events and Presentations page. Additionally, sustained consumer demand drove growth in animal nutrition and home & personal care applications. 2019. DuPontTM and all products, unless otherwise noted, denoted with TM, SM or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc. © 2020 DuPont. In millions (Unaudited) Six Months Ended June 30, 2020. ET. Find related and similar companies as … I am proud of our team’s focus on execution, and I am confident in the actions we have taken to mitigate the impact of this pandemic. 5297 0 obj
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Double-digit gains in Semiconductor Technologies were led by continued strength within logic and foundry, driven by the ramp-up of advanced technology nodes, as well as robust demand for memory in servers and data centers. �$��H���U�C�*�pf ����Ut�[����Q�8R�$N�a�I"�X��p֠���� �w��$��y����E��4�W?����ޕ�&��͘p��m=}��|�7is�ql�˔��1���hH�8[?d��(��M����cC��t�[�+�
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