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Share Name Share Symbol Market Type
DuPont de Nemours Inc NYSE:DD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.17 -1.41% 81.68 83.78 81.65 83.49 4,178,781 22:45:21

DuPont Expects Sales to Rise in 1Q, 2021

09/02/2021 11:48am

Dow Jones News


DuPont de Nemours (NYSE:DD)
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By Dave Sebastian

 

DuPont de Nemours Inc. said it sees sales rising roughly 8% in 2021 to between $15.4 billion and $15.6 billion after it reported higher profit and sales for the fourth quarter.

The Wilmington, Del.-based materials and chemicals company sees adjusted earnings of $3.30 a share to $3.45 a share for the full year, reflecting better operating earnings before interest, taxes, depreciation and amortization, lower interest expense and the benefit of a lower share count, Finance Chief Lori Koch said Tuesday.

Ms. Koch said the company sees first-quarter sales rising about 4% to between $3.75 billion to $3.85 billion. It expects adjusted earnings of 75 cents a share to 77 cents a share for the quarter, she said.

The company will classify the nutrition and biosciences segment as discontinued operations starting the first quarter, it said.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

February 09, 2021 06:33 ET (11:33 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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