DuPont delivers upbeat outlook
Tuesday, November 3rd, 2009
By: Mark Eichmann
meichmann@whyy.org
The leaders of Delaware-based chemical giant DuPont expect growth in earnings per share for 2010. Speaking to a group of investors, DuPont CEO Ellen Kullman says the company "will deliver significant sales and earnings growth by bringing market driven science to deliver specific solutions to deliver the growth." The company expects 2010 earnings to range from $2.10 per share to $2.40 a share. That's an increase of 15 to 35 cents per share over the company's 2009 earnings outlook.
Part of DuPont's strategy to create that earnings growth includes focusing innovation on four main areas:
1- Meeting the increase in demand for food productivity,
2- Protecting people and the environment,
3- Decreasing dependence of fossil fuels,
4- Capitalizing on the growth in emerging markets.
DuPont posted it's first improved quarterly profit report for 2009 in the third quarter. For more information on DuPont, click here.