DuPont de Nemours Inc
DD
ISIN US26614N1028 / Valor 47860922
DuPont de Nemours Inc
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About company
DuPont de Nemours Inc is a multinational conglomerate known for its innovative products and solutions across various industries. The company has a long history of research and development, with breakthroughs like Nomex® heat-resistant fiber, which was developed in the late 1950s. DuPont's diverse portfolio includes materials science, specialty products, and agriculture, serving customers in sectors such as electronics, transportation, construction, and healthcare. With a focus on innovation and sustainability, DuPont continues to be a leader in providing cutting-edge solutions to global challenges.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (17.12.2024):
Net Sales Growth
In the third quarter of 2024, DuPont de Nemours Inc reported net sales of $3.2 billion, marking a 4% increase compared to the same period in the previous year. This growth was driven by a 3% rise in organic sales, which was partially offset by a 1% currency headwind. The increase in organic sales was primarily due to a 5% rise in volume, despite a 2% decrease in price.
Income and Earnings
DuPont de Nemours Inc's GAAP income from continuing operations for the third quarter of 2024 was $480 million, a significant 65% increase from the previous year. The company's GAAP earnings per share (EPS) from continuing operations rose to $1.13, while the adjusted EPS was $1.18, reflecting a 28% increase. These improvements were attributed to higher segment earnings and benefits from a lower share count and tax rate.
Operating EBITDA
The company's operating EBITDA for the third quarter of 2024 was $857 million, an 11% increase from the previous year. This growth was driven by volume gains, higher production rates, and savings from restructuring actions, although it was partially offset by higher variable compensation and select growth investments. The operating EBITDA margin improved by 150 basis points to 26.8%.
Cash Flow
DuPont de Nemours Inc reported cash provided by operating activities from continuing operations of $737 million for the third quarter of 2024. After accounting for capital expenditures of $109 million and transaction cost payments of $12 million, the transaction-adjusted free cash flow was $640 million, with a conversion rate of 130%.
Financial Outlook
For the full year 2024, DuPont de Nemours Inc has raised its guidance, now expecting operating EBITDA of approximately $3.125 billion and adjusted EPS of $3.90 per share. The company anticipates full-year net sales to be around $12.365 billion. The fourth quarter of 2024 is expected to see net sales of about $3.070 billion, with operating EBITDA of approximately $790 million and adjusted EPS of $0.98 per share.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
32283 M
Market cap (USD)
379,452
Daily traded volume (Shares)
77.47 / 76.82
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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EPS (USD)
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Ratings & reviews
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