dupont revenue 2020

ET. View Tantara Transportation Group (www.tantara.com) location in Michigan, United States , revenue, industry and description. Strong volume gains in Semiconductor Technologies more than offset weaker demand in Interconnect Solutions and Image Solutions. Operating EBITDA for the segment totaled $349 million, a decrease of 9 percent from operating EBITDA of $382 million in the year-ago period, primarily from lower volumes partially offset by cost productivity actions and favorable product mix. “We delivered on our structural cost commitments and generated organic revenue growth in the Electronics & Imaging and Nutrition & Biosciences segments despite significant declines in global economic activity. I believe we are well-positioned to emerge from this as an even stronger company.”. Organic sales were down 33 percent with volume down 28 percent and price lower by 5 percent. 2019. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. DuPont (DD) faced challenges from weak automotive markets and lower nylon prices in Q4. Within Health & Biosciences, the probiotics business recorded another record quarter with over 30 percent organic growth. Earnings Release (opens in new window) (PDF 386 KB) Soft volume in trichlorosilane, Tedlar® aircraft films, photovoltaic metallization pastes, and Sorona® materials for carpet and apparel applications were partially offset by volume gains in microcircuit paste materials. Adjustments to reconcile net (loss) income to net cash provided by operating activities: Depreciation and … Adjustments to reconcile net (loss) income to net cash provided by (used for) operating activities: Depreciation and amortization. DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted. Net (loss) income $ (3,153) $ 412. Looking forward, the company guides toward an 8% to 10% yoy gain in full-year revenue for 2020, expecting that … Adjusted EPS(2) decreased 28 percent to $0.70, compared with adjusted EPS(2) in the year-ago period of $0.97, primarily driven by volume declines and charges associated with temporarily idled facilities partially offset by cost savings and a lower base tax rate. 2019. P�&Ղy�>�v��l� On a regional basis, organic sales increased 1 percent in Asia Pacific versus the year-ago period while the U.S. and Canada, EMEA, and Latin America each declined mid-to-high teens percent. DuPont Net income (Q3, 2020)-72 M. DuPont Cash, 30-Sept-2020 4 B. DuPont EV 68.9 B. DuPont Revenue. Organic sales were up 7 percent with volume up 7 percent and price flat. ET. First Quarter and Full Year 2020 Outlook “For this year, we expect full year sales between $21.5 and $22.0 billion resulting in organic sales which are slightly up versus prior year,” said Jeanmarie Desmond, Chief Financial Officer of DuPont. DuPont revenue breakdown by business segment: 8.0% from Non-Core, 16.5% from Electronics and Imaging, 24.2% from Safety and Construction, 28.2% from Nutrition and Biosciences and 23.0% from Transportation and Industrial. Water Solutions continued to see broad-based demand strength across desalination, wastewater, and specialty markets leading to double-digit organic growth. DuPont 3Q 2020 Earnings. The IFF shareholder meeting is set to take place on August 27, 2020. •       Executive committee named - Also in May, DuPont and IFF announced the executive committee of the future combined company, which will include key senior leaders from DuPont Nutrition & Biosciences and IFF. �$��H���U�C�*�p΃f ����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�[�+� ���&R�iY4���S|�MlD0e0" ƻt��"�����}_n�����"���ct֤y�k���|�ʊ5Q�ަOmB��7~�'�[�90�*�6eE��'+4�b8Cm�*���$�B���t���� Volume declines within Interconnect Solutions were primarily due to softness in smartphones and select industrial markets. Volume declined 28 percent due to lower auto builds, as global automotive production was down approximately 45 percent versus the year-ago period. 5262 0 obj <> endobj Organic sales were up 1 percent with volume up 1 percent; price was flat. h޼Wmo�H�+�����.+U���n-5�S컜��@�����ڋ���,c����m�����Y�y��:ˆ#B�ȉv8 The revenue of chemical company DuPont generated some 21.5 billion U.S. dollars of revenue in 2019. •       Additional regulatory clearances - DuPont and IFF previously announced that the intended merger cleared the U.S. regulatory process. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. DuPont continued to advance its objective of creating significant value for its shareholders through the completion of a number of critical milestones in the intended merger between DuPont Nutrition & Biosciences and IFF. GAAP loss from continuing operations totaled $(2.5) billion, versus GAAP loss from continuing operations of $(1.1 billion) in the year-ago period; the decline mostly attributable to a non-cash impairment charge in the Transportation & Industrial segment resulting from significant near-term demand weakness in the automotive industry due to COVID-19 as well as revised views of market recovery based on third-party estimates. These areas of strength within Health & Biosciences were more than offset by significant demand weakness in biorefinery and microbial control. Operating EBITDA for the segment was $93 million, a decrease of 11 percent from operating EBITDA of $104 million in the year-ago period with a $64 million gain associated with a customer settlement more than offset by lower volumes and the absence of earnings from the DuPont Sustainable Solutions divestiture. For 2019, the company’s revenue slipped 4.8% to $21.5 billion, while net income fell 85% to $600 million, according to a DuPont regulatory filing … Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. I am proud of our team’s focus on execution, and I am confident in the actions we have taken to mitigate the impact of this pandemic. Contributor. ��u�=��.��C6{�d�rX�DkZ{��ȼ/�%‚>dŸ���z�Uus�V �h���=���}��4�r������� :H���uu� ~H��(� �bE4$ 0 DuPont Reports Second Quarter 2020 Results • 2Q20 GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70 • 2Q20 Net Sales of $4.8 billion, down 12 percent; organic sales down 10 percent Add to Apple Calendar (opens in new window) Add to Google Calendar (opens in new window) Add to Microsoft Outlook (opens in new window) Add to iCalendar (opens in new window) Webcast. DuPont Q2 2020 Earnings Call Jul 30, 2020, 8:00 a.m. DuPont Revenue & Cost Synergy Capture 4Q 2019 1H 2020 2H 2020 1Q 2021 Post Close (1) Pending regulatory approval and customary closing conditions. DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Oil & gas, aerospace, industrial, and commercial construction markets will remain challenged,” said Lori Koch, Chief Financial Officer of DuPont. View as PDF and view charts here.. WILMINGTON, Del., July 30, 2020 - DuPont (NYSE: DD) today announced financial results for the second quarter 2020. 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. Organic sales were down 8 percent with a 2 percent price improvement offset by a 10 percent decline in volume. Currency and portfolio were each a 1 percent headwind. (2) On September 16, 2020, Nutrition & Biosciences, Inc. (presently a wholly owned subsidiary of DuPont) completed an offering of $6.25 billion of senior unsecured notes. DuPont Reports Second Quarter 2020 Results • 2Q20 GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70 • 2Q20 Net Sales of $4.8 billion, down 12 percent; organic sales down 10 percent DuPont (DD) faced challenges from weak automotive markets and lower nylon prices in Q4. Over the next six months, we will continue our integration planning work with IFF to enable a smooth, successful launch and position the future combined company to achieve its committed cost and revenue synergies.”, "The quick and decisive actions we took in the early days of the pandemic to strengthen our balance sheet, increase our cost savings initiatives, and differentially manage our portfolio enabled us to deliver a solid quarter,” said Lori Koch, DuPont Chief Financial Officer. DuPont revenue breakdown by geographic segment: 37.7% from Asia Pacific, 23.4% from EMEA, 5.8% from Latin America, 31.1% from United States and 2.0% from Other Within Image Solutions, strength in ink for the consumer segment was more than offset by weakness in flexographic plates, textile inks, and OLEDs. 5297 0 obj <>stream Mid-single digit growth across 85 percent of the Nutrition & Biosciences segment driven by strength in food & beverage and health & wellness end markets was partially offset by declines in businesses exposed to energy and industrial markets. DuPont Q3 2020 Earnings Call Oct 29, 2020, 8:00 a.m. Adjustments to reconcile net (loss) income to net cash provided by (used for) operating activities: Depreciation and amortization. Capital expenditures of approximately $240 million resulted in free cash flow(2) of $564 million. DuPont has 35,000 employees across 179 locations and $21.51 B in annual revenue in FY 2019. “Our business teams, customers, and partners see tremendous opportunity for growth and greater innovation as the businesses come together. Currency was a 1 percent headwind. October 29, 2020 08:00 AM ET. endstream endobj 5263 0 obj <>/Metadata 90 0 R/Pages 5260 0 R/StructTreeRoot 112 0 R/Type/Catalog/ViewerPreferences 5279 0 R>> endobj 5264 0 obj <>/MediaBox[0 0 612 792]/Parent 5260 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 5265 0 obj <>stream Sales gains were led by Food & Beverage on volume gains in the plant-based meat category and price improvements across the F&B portfolio, as well as Pharma Solutions which recorded its strongest sales quarter ever on increased demand in over-the-counter and prescription pharma applications. �+1� :�V����u�-��(��B$jh�,N�0��C�}�c8� November and December 2020 returns have been extended to be due on February 22nd for qualified businesses. $94 million in the year-ago period. Zacks Rank Non-Core reported net sales of $308 million, down 30 percent from the year-ago period. x�}��n�0��. DuPont (DD) Beats Q2 Earnings and Revenue Estimates - July 30, 2020 - Zacks.com Currency was a 1 percent headwind. “Each of these accomplishments represents critical milestones to create a market-leading company and to generate significant value for our shareholders,” Breen continued. A replay of the webcast also will be available on the DuPont’s Investor Relations Events and Presentations page following the live event. DuPont (NYSE: DD) is a global innovation leader with technology-based materials, ingredients and solutions that help transform industries and everyday life. 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. 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. DuPont de Nemours Inc. DD, -1.23% swung to a third-quarter net loss, but reported an adjusted profit that beat and revenue that fell less than expectation and provided an … endstream endobj startxref Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. DuPont expects adjusted earnings per share for full-year 2020 in the band of $3.17-$3.21. ... Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020… Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. Additionally, sustained consumer demand drove growth in animal nutrition and home & personal care applications. 2019. Net (loss) income $ (3,081) $ 35. DuPont expects adjusted earnings per share for full-year 2020 in the band of $3.17-$3.21. ;G#Q�(,��+�V����p�uˣ�Y���hF�u�f�?r��^��ާ�A?w�G�#f�:�!kԐg���1?��v� “Our businesses are well-equipped to build upon their leading market positions and outperform when markets fully recover.”. 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. For 2020, the company expects adjusted EPS of $3.17 to $3.21, above the FactSet consensus of $3.03, and sales of $20.1 billion to $20.2 billion, which surrounded expectations of … Earnings Release (opens in … This also applies to Corporate Income Tax (CIT) filers, with CIT annual returns and payments now due on July 31. 2019. DuPont's (DD) adjusted earnings of 70 cents per share for Q2 beat the Zacks Consensus Estimate of 59 cents. 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