DUPONT APRESENTA GANHOS DE $1.04 POR ACÇÃO
24/07/2007
DUPONT APRESENTA GANHOS DE $1.04
POR ACÇÃO NO 2º TRIMESTRE DE 2007
Wilmington, DE (USA), 24 July 2007 - “We are seeing the benefit of our global presence – capitalising on strong routes to market in developing countries and building on our market-leading positions for businesses that serve multiple industries,” said Charles O. Holliday, Jr., DuPont chairman and chief executive officer. “We generated solid volume growth in all regions outside the United States and increased local selling prices for the 14th consecutive quarter while reducing fixed costs as a percentage of sales. We are executing our growth strategies and continuing to increase return on invested capital.”
Consolidated net sales grew 6 percent to $7.9 billion in the quarter due to 2
percent higher local prices, a 1 percent increase in volume and a 3 percent
currency benefit. The 4 percent volume growth outside the United States was
partly offset by lower volumes, primarily in the United States.
Net income for the second quarter of 2007 was $972 million, or $1.04 per share. Second quarter 2006 net income was $975 million, or $1.04 per share, and included a $31 million, or $0.03 per share tax benefit. Excluding the tax benefit, second quarter 2006 net income was $944 million, or $1.01 per share. The year-over-year improvement in underlying results principally reflects higher local prices, favourable currency impact, volume growth outside the United States and higher pharmaceutical income. These gains were partially offset by higher ingredient costs and increased cost investments primarily to accelerate biotech research and development, expand global sales coverage in seeds and increase production capacity.
DuPont reaffirms its outlook for 2007 full-year earnings per share of about $3.15, excluding a $0.06 per share charge for significant items in the first quarter 2007. For the second half of 2007, the company expects to benefit from continued growth outside the United States, higher local selling prices and ongoing fixed cost productivity gains.
“Our strong position as a global market leader in both developed and developing economies enabled us to deliver 9 percent earnings growth in the first half of the year,” Holliday said. “We will achieve our outlook through cost productivity gains and by continuing to deliver competitive advantages to our customers through market-driven innovations.”
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating
sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries,
DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and
construction; communications; and transportation.