Business News

DuPont 2009 Outlook Reaffirmed, Anticipating Continued Weak Demand

Tuesday 21. July 2009 - DuPont reaffirmed its 2009 earnings outlook range of $1.70 to $2.10 per share, excluding significant items.

The outlook anticipates prevailing weak demand across key markets other than agriculture with gradual improvement from current recessionary levels during the remainder of 2009.
Favorable conditions are expected in southern hemisphere agriculture markets with the benefit of increased market share for new products and related higher selling prices.
The full-year free cash flow outlook remains $2.5 billion. The company will continue aggressive actions to reduce costs and capital expenditures, in addition to maintaining an appropriate level of investment for high-growth, high-margin businesses including seed products and photovoltaics.
“Most markets remain dynamic and challenging, but the actions we are taking position DuPont well for the eventual economic recovery, with a strong balance sheet, established global reach and science-based products and services that meet customers’ evolving needs,” Ellen said.