DuPont: annual targets raised

(CercleFinance.com) - On its quarterly publication, DuPont raised its targets for 2024, aiming for adjusted EPS of between $3.
70 and $3.80, operating EBITDA of between $3.06bn and $3.11bn, and revenues of between $12.4bn and $12.5bn.

The Wilmington, Delaware-based chemicals group's Q2 adjusted EPS rose 14% to $0.97, while its operating EBITDA increased 8% to $798m, representing a 1.3-point improvement in its margin to 25.2%.

At $3.17bn, revenues were up 2%, thanks to scope effects, although were partly offset by currency effects. Organic sales stagnated, with 2% growth in volumes but a symmetrical fall in prices.


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