DuPont: EPS guidance raised for 2024
(CercleFinance.com) - On its quarterly publication, DuPont de Nemours raised its 2024 targets for adjusted EPS to around $3.
90, with operating EBITDA expected at around $3.125bn. However, it lowered its revenue target to around $12.365bn.
The Wilmington, Delaware-based chemicals group posted Q3 adjusted EPS that is up 28% to $1.18, while its operating EBITDA increased 11% to $857m, representing a 1.5-point margin improvement to 26.8%.
Revenues rose by 4% to $3.19bn, with a positive structure effect partly offset by a currency effect. Organic sales rose by 3%, with a 5% increase in volumes but a 2% fall in prices.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
90, with operating EBITDA expected at around $3.125bn. However, it lowered its revenue target to around $12.365bn.
The Wilmington, Delaware-based chemicals group posted Q3 adjusted EPS that is up 28% to $1.18, while its operating EBITDA increased 11% to $857m, representing a 1.5-point margin improvement to 26.8%.
Revenues rose by 4% to $3.19bn, with a positive structure effect partly offset by a currency effect. Organic sales rose by 3%, with a 5% increase in volumes but a 2% fall in prices.
Copyright (c) 2024 CercleFinance.com. All rights reserved.