View Tantara Transportation Group (www.tantara.com) location in Michigan, United States , revenue, industry and description. DuPont Q3 2020 Earnings Call Oct 29, 2020, 8:00 a.m. %PDF-1.7 %���� Similarly, Shelter Solutions sales declined as construction activity was impacted by stay-at-home orders issued across the globe. ET. Operating Activities. October 29, 2020 08:00 AM ET. h޼Wmo�H�+�����.+U���n-5�S컜��@�����ڋ���,c����m�����Y�y��:ˆ#B�ȉv8 DuPont (DD) Beats Q2 Earnings and Revenue Estimates - July 30, 2020 - Zacks.com Net sales totaled $4.8 billion, down 12 percent versus the year-ago period. 2020 DuPont Laureates: ... Its application has led to substantial revenue and earned DuPont a leading position and significant competitive advantage in … DuPont Net income (Q3, 2020)-72 M. DuPont Cash, 30-Sept-2020 4 B. DuPont EV 68.9 B. DuPont Revenue. GAAP EPS from continuing operations totaled $(3.37) versus GAAP EPS from continuing operations in the year-ago period of $(1.48); the decline is mostly attributable to the non-cash impairment charge in Transportation & Industrial, incremental merger-related amortization expense, and lower segment results, partially offset by the absence of a prior year tax charge, lower integration and separation costs, lower restructuring charges, and a lower tax rate. Operating Activities. DuPont (DD) Misses Earnings and Revenue Estimates in Q4 - January 30, 2020 - Zacks.com First Quarter and Full Year 2020 Outlook “For this year, we expect full year sales between $21.5 and $22.0 billion resulting in organic sales which are slightly up versus prior year,” said Jeanmarie Desmond, Chief Financial Officer of DuPont. Related: Dow and DuPont to merge; Dow to become 100 percent owner of Dow Corning Here are five things to know about the deal: 1. Water Solutions continued to see broad-based demand strength across desalination, wastewater, and specialty markets leading to double-digit organic growth. In millions (Unaudited) Six Months Ended June 30, 2020. Favorable product mix led by gains in probiotics and animal nutrition as well as cost productivity actions generated a 240 basis point improvement in operating EBITDA margins. DuPont has 35,000 employees across 179 locations and $21.51 B in annual revenue in FY 2019. 1,546. Published by M. Garside, Mar 6, 2020 The revenue of chemical company DuPont generated some 21.5 billion U.S. dollars of revenue in 2019. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. 2020 adjusted earnings per share guidance of $3.70 to $3.90 reflecting headwinds from prior year discrete benefits and nylon market pressures DuPont (NYSE: DD) today announced financial results for the fourth quarter and full year 2019. “We expect third quarter adjusted EPS in the range of $0.71 - $0.73.". In millions (Unaudited) Nine Months Ended September 30, 2020. Organic sales were down 20 percent driven by 22 percent volume declines and offset by 2 percent pricing gains. In 2019, these two businesses accounted for approximately 15 percent of the Nutrition & Biosciences segment. Add to Apple Calendar (opens in new window) Add to Google Calendar (opens in new window) Add to Microsoft Outlook (opens in new window) Add to iCalendar (opens in new window) Webcast. DuPont's (DD) adjusted earnings of 70 cents per share for Q2 beat the Zacks Consensus Estimate of 59 cents. “For third quarter, we expect sales to be slightly up sequentially with improvement in automotive and residential construction mostly offset by seasonal patterns in Nutrition & Biosciences as well as the impact of supply constraints across our Tyvek® enterprise as we perform routine maintenance on the assets. •       Additional regulatory clearances - DuPont and IFF previously announced that the intended merger cleared the U.S. regulatory process. Operating EBITDA for the segment was $49 million, a decrease of 86 percent from operating EBITDA of $357 million in the year-ago period, driven primarily by charges of approximately $130 million associated with temporarily idling approximately 50 percent of our polymer capacity to align supply with demand. ET. DuPont Q2 2020 Earnings Call Jul 30, 2020, 8:00 a.m. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. In 2019, the electronics and imaging segment of DuPont generated a total revenue of around 3.55 billion U.S. dollars. Currency was a 1 percent headwind. Outlook Looking forward, the company guides toward an 8% to 10% yoy gain in full-year revenue for 2020, expecting that … The transaction subsequently received clearance from China, Serbia, and Colombia. See insights on DuPont including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. ... Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020… %%EOF Details about this extension: TREASURY - Notice: Penalty and Interest Waived for 33 Days for Certain Sales, Use, and Withholding Taxpayers with Returns Due January 20, … DuPont 3Q 2020 Earnings. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. 5262 0 obj <> endobj For 2020, the company expects adjusted EPS of $3.17 to $3.21, above the FactSet consensus of $3.03, and sales of $20.1 billion to $20.2 billion, which surrounded expectations of … “Each of these accomplishments represents critical milestones to create a market-leading company and to generate significant value for our shareholders,” Breen continued. Operating EBITDA(2) was $1.1 billion, down 20 percent versus operating EBITDA(2) in the prior year. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, health and wellness, food and worker safety. ET. �$��H���U�C�*�p΃f ����Ut�[����Q�8R�$N�a�I"�X��p֠���� �w��$��y����E��4�W?����ޕ�&��͘p��m=}��|�7is�ql�˔��1���hH�8[?d��(��M����cC��t�[�+� ���&R�iY4���S|�MlD0e0" ƻt��"�����}_n�����"���ct֤y�k���|�ʊ5Q�ަOmB��7~�'�[�90�*�6eE��'+4�b8Cm�*���$�B���t���� The September 2019 divestiture of the DuPont Sustainable Solutions business reduced sales by 9 percent. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva.Prior to the spinoffs it was the world's largest chemical company in terms of sales. DuPont Gross profit (Q3, 2020) 1.7 B. DuPont Gross profit margin (Q3, 2020), % 33.4%. Nutrition & Biosciences reported net sales of $1.5 billion, down 1 percent from the year-ago period. DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Additionally, we saw continued strength in Tyvek® protective garment and water end markets, achieving double digit revenue growth for the second consecutive quarter. 2019. China sales in our core segments improved 6 percent versus the second quarter 2019 and 20 percent sequentially from first quarter 2020. DuPont's (DD) adjusted earnings of 70 cents per share for Q2 beat the Zacks Consensus Estimate of 59 cents. Embed Graph. In millions (Unaudited) Six Months Ended June 30, 2020. Strength in semiconductor, water, Tyvek® protective garment, and health & wellness markets coupled with approximately $130 million of cost savings was more than offset by volume declines and charges of $160 million associated with temporarily idling certain facilities primarily in the Transportation & Industrial segment. Earnings Release (opens in … The Company will host a live webcast of its first quarter earnings conference call with investors to discuss its results and business outlook today at 8:00 a.m. DuPont Reports Second Quarter 2020 Results, Military, Law Enforcement & Emergency Response, 2Q20 GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70, 2Q20 Net Sales of $4.8 billion, down 12 percent; organic sales down 10 percent, 2Q20 GAAP Income (Loss) from continuing operations of $(2.5) billion and Operating EBITDA of $1.1 billion, Operating cash flow of $802 million; $564 million free cash flow in the quarter, Global slowdown in automotive industry from the impact of COVID-19 resulted in $2.5 billion non-cash impairment charge in Transportation & Industrial segment in the quarter, Advanced intended separation of Nutrition & Biosciences business in preparation for intended merger with IFF in 1Q 2021; IFF shareholder vote set for August 27, 2020. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, , communications, safety and protection, home and construction, transportation and apparel. First Quarter 2020 Results Net sales totaled $5.2 billion, down 4 percent versus the year-ago period. The impact of COVID-19 on other key industrial markets, in addition to automotive, contributed to the double-digit volume declines. DuPont, with full name E. I. du Pont … GAAP loss from continuing operations totaled $(2.5) billion, versus GAAP loss from continuing operations of $(1.1 billion) in the year-ago period; the decline mostly attributable to a non-cash impairment charge in the Transportation & Industrial segment resulting from significant near-term demand weakness in the automotive industry due to COVID-19 as well as revised views of market recovery based on third-party estimates. Find related and similar companies as … The slide presentation that accompanies the conference call will be posted on the DuPont’s Investor Relations Events and Presentations page. Organic sales were up 7 percent with volume up 7 percent and price flat. 2019. DuPont Q3 2020 Earnings Call Oct 29, 2020, 8:00 a.m. In millions (Unaudited) Nine Months Ended September 30, 2020. 1,546. This also applies to Corporate Income Tax (CIT) filers, with CIT annual returns and payments now due on July 31. Operating Activities For 2019, the company’s revenue slipped 4.8% to $21.5 billion, while net income fell 85% to $600 million, according to a DuPont regulatory filing … “In the midst of the ongoing pandemic we delivered results ahead of expectations, while also continuing our emphasis on the safety and well-being of our employees and the needs of our customers,” said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. Volume declines within Interconnect Solutions were primarily due to softness in smartphones and select industrial markets. Investors can access information included on the Investor Relations section of the website at investors.dupont.com. Contents: ... And in this case, I truly believe we have the revenue synergies we've talked about with what we … On July 27, IFF filed its definitive proxy relating to IFF shareholder approval of the transaction. Operating EBITDA for the segment was $277 million, an increase of 13 percent from operating EBITDA of $246 million in the year-ago period, driven primarily by volume gains in Semiconductor Technologies and cost productivity actions. Net (loss) income $ (3,081) $ 35. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. Operating EBITDA for the segment was $93 million, a decrease of 11 percent from operating EBITDA of $104 million in the year-ago period with a $64 million gain associated with a customer settlement more than offset by lower volumes and the absence of earnings from the DuPont Sustainable Solutions divestiture. h�bbd```b``� ��@$�f�b f�����"���X�>�=̮���Dyn?�d���k3012�Ȃ�g`�9���m�{� �C Double-digit gains in Semiconductor Technologies were led by continued strength within logic and foundry, driven by the ramp-up of advanced technology nodes, as well as robust demand for memory in servers and data centers. Additionally, sustained consumer demand drove growth in animal nutrition and home & personal care applications. Operating EBITDA for the segment totaled $349 million, a decrease of 9 percent from operating EBITDA of $382 million in the year-ago period, primarily from lower volumes partially offset by cost productivity actions and favorable product mix. =c���>('��.�(2p�d���h� ��Zy DuPont Revenue & Cost Synergy Capture 4Q 2019 1H 2020 2H 2020 1Q 2021 Post Close (1) Pending regulatory approval and customary closing conditions. Demand for Tyvek® protective garments continued to be robust, leading to a greater than 60 percent increase in garment sales versus last year which was enabled by efforts to increase capacity and redirect supply from non-personal protection markets. �8� ���ikc 8���7��E�#�y�z���X���8�QS�� \ŐzRe��R�@g����cb� ۃ0��� �;�`l����� �� ��`��� �@CQ��2�SN �v40����i"��/�_�fS��LW��3>?+ʶ�?�]�ˆ_�1��Z�Me��~�a`cma ��� � )�C� DuPont revenue breakdown by geographic segment: 37.7% from Asia Pacific, 23.4% from EMEA, 5.8% from Latin America, 31.1% from United States and 2.0% from Other Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. DuPont de Nemours Inc. DD, -1.23% swung to a third-quarter net loss, but reported an adjusted profit that beat and revenue that fell less than expectation and provided an … @���K��1��.ƞԺ�V��[rН�;�a�R�{��vg���:l�/��^׆� ��ނ��0 ��Qb��k��-����F���ǝ�h�Wj��>'��"z�1��x�z^�V�|+��� �Y�{K��:��j�f�*?��0�v�� ��z.M���ǡm����b��,�H�D�@�����\|B����'�,�:��K��ůD��K|x8F1Ÿ[�.1̝����l2��P�Y�l��p{Q~�Mn�-��J'Н ���O���.X|1$D�#��? Organic sales were up 1 percent with volume up 1 percent; price was flat. Published by M. Garside, Mar 6, 2020 In 2019, the electronics and imaging segment of DuPont generated a total revenue of around 3.55 billion U.S. dollars. 2019. 0 Good day, and welcome to the DuPont … •       Executive committee named - Also in May, DuPont and IFF announced the executive committee of the future combined company, which will include key senior leaders from DuPont Nutrition & Biosciences and IFF. Safety & Construction reported net sales of $1.2 billion, down 7 percent from the year-ago period. Per Michigan Executive Order 2020-26 all April 2020 state and city income tax filing deadlines in Michigan are now pushed back to July 2020, as a part of continued efforts to help Michiganders during the COVID-19 pandemic. DuPont (DD) Beats Q2 Earnings and Revenue Estimates. On an organic basis, net sales were down 2 percent as 8 percent organic growth in Electronics & Imaging and 3 percent organic growth in Nutrition & Biosciences was more than offset by organic sales declines in the other segments. DuPont revenue breakdown by geographic segment: 37.7% from Asia Pacific, 23.4% from EMEA, 5.8% from Latin America, 31.1% from United States and 2.0% from Other P�&Ղy�>�v��l� 2019. WILMINGTON, Del., Oct. 1, 2020 – DuPont (NYSE:DD) today has named four technology leaders to the company’s most distinguished technical rank — Laureates. Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. “We delivered on our structural cost commitments and generated organic revenue growth in the Electronics & Imaging and Nutrition & Biosciences segments despite significant declines in global economic activity. endstream endobj 5263 0 obj <>/Metadata 90 0 R/Pages 5260 0 R/StructTreeRoot 112 0 R/Type/Catalog/ViewerPreferences 5279 0 R>> endobj 5264 0 obj <>/MediaBox[0 0 612 792]/Parent 5260 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 5265 0 obj <>stream Soft volume in trichlorosilane, Tedlar® aircraft films, photovoltaic metallization pastes, and Sorona® materials for carpet and apparel applications were partially offset by volume gains in microcircuit paste materials. The IFF shareholder meeting is set to take place on August 27, 2020. Organic sales were down 33 percent with volume down 28 percent and price lower by 5 percent. Electronics & Imaging reported net sales of $905 million, up 5 percent from the year-ago period. View as PDF and view charts here.. WILMINGTON, Del., July 30, 2020 - DuPont (NYSE: DD) today announced financial results for the second quarter 2020. These areas of strength within Health & Biosciences were more than offset by significant demand weakness in biorefinery and microbial control. Recent acquisitions in the Water Solutions business increased reported sales by 2 percent. October 29, 2020 08:00 AM ET. DuPont Reports Second Quarter 2020 Results • 2Q20 GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70 • 2Q20 Net Sales of $4.8 billion, down 12 percent; organic sales down 10 percent DuPont (DD) faced challenges from weak automotive markets and lower nylon prices in Q4. On a regional basis, organic sales increased 1 percent in Asia Pacific versus the year-ago period while the U.S. and Canada, EMEA, and Latin America each declined mid-to-high teens percent. ET. ��u�=��.��C6{�d�rX�DkZ{��ȼ/�%‚>dŸ���z�Uus�V �h���=���}��4�r������� :H���uu� ~H��(� �bE4$ Contents: ... And in this case, I truly believe we have the revenue synergies we've talked about … 2,163 ����O (���2 ��P�� 5297 0 obj <>stream DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted. Add to Apple Calendar (opens in new window) Add to Google Calendar (opens in new window) Add to Microsoft Outlook (opens in new window) Add to iCalendar (opens in new window) Webcast. Sales gains were led by Food & Beverage on volume gains in the plant-based meat category and price improvements across the F&B portfolio, as well as Pharma Solutions which recorded its strongest sales quarter ever on increased demand in over-the-counter and prescription pharma applications. Clearance processes in the remaining required jurisdictions are well underway. 2019. Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. Capital expenditures of approximately $240 million resulted in free cash flow(2) of $564 million. Oil & gas, aerospace, industrial, and commercial construction markets will remain challenged,” said Lori Koch, Chief Financial Officer of DuPont. Strong volume gains in Semiconductor Technologies more than offset weaker demand in Interconnect Solutions and Image Solutions. Margin ( Q3, 2020 stay-at-home orders issued across the globe and page. 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