DuPont De Nemours, Inc. (NYSE:DD) has reported its fourth-quarter results, exceeding street estimates and delivering a strong performance. The company’s sales grew 7% year over year to $3.092 billion, beating the consensus of $3.068 billion.
Organic sales increased by +7% YoY, driven by an 8% increase in volume offset by a 1% decrease in price. Sales were strongest in the Asia Pacific region, with growth of +11%, followed by the U.S./Canada region at +5%. Electronics & Industrial sales totaled $1.506 billion (+11% YoY), with operating EBITDA margin expanding by 250 bps to 30.3%.
Water & Protection sales were $1.359 billion (+6% YoY), with an operating EBITDA margin expansion of 170 bps to 26.3%. DuPont’s operating EBITDA rose 13% YoY to $807 million, and its margin expanded by 140 bps to 26.1%.
The company expects net sales of ~$3.025 billion for the first quarter of 2025, with a guidance range of mid-single digit organic growth and a foreign currency headwind of approximately 1.5%. Adjusted EPS is expected to be around $0.95 per share.
DuPont’s full-year outlook includes adjusted EPS of $4.30 – $4.40 and revenue of $12.8 billion-$12.9 billion. The company’s shares are trading higher by 5.43% at $80.40 premarket.
Source: https://finance.yahoo.com/news/dupont-q4-earnings-7-sales-132843264.html