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DuPont Reports 1Q 2010 EPS of $1.24

April 28/2010

(DuPont) -- DuPont reported first quarter 2010 earnings per share (EPS) and increased 2010 guidance, reflecting improving volumes in all segments and all regions.

 

DuPonts first-quarter 2010 earnings per share were $1.24, compared to $.54 in 2009.  Sales were $8.5 billion, up 23% versus 2009.  This reflects 19% higher volume, 2% higher local selling prices, a 3% benefit from currency and a 1% reduction from portfolio changes.

 

Our intense focus on customers, sustained R&D investments and productivity improvements are delivering growth, said DuPont Chair and CEO Ellen Kullman.  Macro trends drove first-quarter demand for our science-based innovations, and DuPont was ready.  The actions taken last year are benefiting the company as we emerge stronger in 2010.

 

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DuPont Reports 1Q 2010 EPS of $1.24

 

 

 

 

 

 

 

 

 

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