Business News

DuPont Reports 4Q 2007 and Full Year Results

Wednesday 23. January 2008 - Fourth quarter 2007 earnings were USD .60 per share, compared to fourth quarter 2006 earnings of USD .94 per share. Excluding significant items, earnings per share increased 27 percent to USD .57 per share from USD .45 per share in the prior-year quarter.

Full year 2007 earnings were USD 3.22 per share versus USD 3.38 in 2006. Excluding significant items, 2007 earnings increased 14 percent to USD 3.28 per share from USD 2.88 in the prior year.

EPS Analysis


EPS
4th Quarter 2006

USD
.94
Significant items


.49
EPS excluding significant items


.45

Local prices

.25

Variable costs*

(.19)

Volume

.04

Fixed costs*

(.02)

Currency

.08

Pharmaceuticals

.01

Tax

(.10)

Other

.05
4th Quarter 2007 excluding significant items

USD .57

Significant items

.03
4th Quarter 2007-reported

USD .60

* Excludes volume and currency impact





“DuPont’s strong earnings growth in the fourth quarter reflects our global presence and the breadth of our product offerings,” said DuPont Chairman and CEO Chad Holliday. “We delivered 14 percent earnings per share growth for the year despite weakness in certain U.S. markets and higher ingredient costs.”