Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 DuPont Posts 3Q Results - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

DuPont Posts 3Q Results

DuPont's third quarter sales drop.

Author Image

By: Karen McIntyre

Editor, Nonwovens Industry

DuPont’s third quarter net income reached $409 million compared to $367 million in the prior year. The prior year included a $146 million after-tax hurricane-related charge. Net income reflects the benefit of significantly lower costs, partly offset by lower sales volume. Third quarter 2009 consolidated net sales of $6.0 billion were 18% lower than the prior year, reflecting 12% lower volume, 2% lower local prices, a 3% negative impacted from currency exchange rates and a net 1% reduction due to portfolio changes.

Total company sales for the third quarter 2009 were $6.0 billion, with sales in emerging markets rebounding from significantly lower levels in the first and second quarters.

In the Coatings & Color Technologies sector, sales reached $1.5 billion, a decline of 16%, primarily reflecting continued weakness in motor vehicle markets. In the Safety & Protection segment sales totaled $1.0 billion, dropping 32%, reflecting a 22% volume decline primarily in industrial and construction markets. Pricing decreases reflected the pass-through of lower chemicals raw material costs.

In the Electronic & Communication Technologies arena sales tallied $919 million, a drop of 13%, reflecting 10% lower volume and 3% lower selling prices. Weak demand in consumer and general industrial markets offset increased demand in photovoltaics and packaging graphics.
Performance Materials logged sales of $2.3 million, a decrease of 9%, reflecting lower volumes and lower costs.


Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics