DuPont de Nemours Inc. (NYSE: DD ) reported first-quarter net sales of $1.68 billion on Tuesday, up 4% year over year, while organic sales increased 2%. Shares were trading higher following the results. The company beat analyst expectations, reporting adjusted EPS of 55 cents versus a 48 cents estimate and revenue of $1.681 billion versus a $1.666 billion estimate . Operating EBITDA rose 15% to $414 million, with margin expanding 230 basis points to 24.6%, driven by organic growth, favorable mix, and productivity. “We delivered a strong start to the year, exceeding our financial guidance through disciplined commercial and operational execution,” said Lori Koch , DuPont Chief Executive Officer. Segment Performance Healthcare & Water Technologies sales rose 6% to $806 million, with EBITDA up 9% to $244 million (30.3% margin). Healthcare grew strongly, while Water declined due to disruptions in Middle East logistics. Diversified Industrials sales rose 3% to $875 million, with EBITDA up 8% to $200 million (22.9% margin). Building Technologies ... Full story available on Benzinga.com
DuPont Flexes Pricing Power, Initiates Accelerated Stock Buyback
