Business News

DuPont Reports 4Q 2008 Results

Wednesday 28. January 2009 - DuPont reported a fourth quarter 2008 loss of USD .70 per share. Excluding a USD .42 per share charge from a previously announced restructuring program, the fourth quarter loss was USD .28 per share, in line with guidance.

In a challenging environment, DuPont ended 2008 with a strong balance sheet, delivering solid cash performance of USD 1.1 billion free cash flow, in line with company targets.
“DuPont enters 2009 addressing challenging economic conditions head-on,” said DuPont CEO Ellen Kullman. “We are intensely focused on productivity, while generating earnings and cash. Our market-leading businesses and internal discipline generated solid cash performance in 2008. We do not underestimate the difficulties presented by the current environment. We will rigorously guard our financial strength and flexibility, while carefully preserving our science-driven competitive advantage to assure that the company is well-positioned for an eventual improvement in global markets.”