| Imagery Source: Wikimedia Commons / McGhiever |
| Information Source: DuPont |
- Net Sales of $3.1 billion increased 5%; organic sales increased 6% versus the year-ago period.
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- GAAP Loss from continuing operations of $(548) million, includes $768 million non-cash goodwill impairment charge related to first quarter segment realignment; operating EBITDA of $788 million
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- GAAP EPS from continuing operations of $(1.33); adjusted EPS of $1.03
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- Cash provided by operating activities from continuing operations of $382 million; transaction-adjusted free cash flow of $212 million
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- Maintaining full year 2025 financial guidance; separately providing tariff impact sensitivity
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| DuPont (NYSE: DD) announced its financial results(1) for the first quarter ended March 31, 2025. |
| “Our results reflect continued strong quarterly financial performance with year-over-year organic sales growth and margin expansion in both the ElectronicsCo and IndustrialsCo segments,” said Lori Koch, DuPont Chief Executive Officer. “We continue to benefit from ongoing strength in electronics markets as well as strong demand in healthcare and water end-markets. Through April, we continued to see strong order patterns consistent with our expectations.” |
| “Our global manufacturing footprint and flexible supply chain network serve us well as we manage through the impact of tariffs,” Koch continued. “Our teams are actively engaged with customers and suppliers as we work to further mitigate the impact.” |
| “We remain on track for a November 1, 2025, spin-off of the Electronics business, which was announced this week as Qnity. We continue to achieve key milestones related to the separation, including executive leadership and Board appointments, as well as last week’s filing of the initial Form 10 registration statement with the SEC,” Koch concluded. |
| First Quarter 2025 Segment Highlights |
| ElectronicsCo |
| Net sales |
- Net sales increased 5% on organic sales growth of 6%, partially offset by a currency headwind of 1%.
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- Organic sales growth of 6% consisted of an 8% increase in volume, partially offset by a 2% decrease in price.
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- Higher volume was driven by double-digit gains in electronics, healthcare and water end markets.
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- 14% organic sales growth in ElectronicsCo; 2% organic sales growth in IndustrialsCo.
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- 13% organic sales growth in Asia Pacific; 4% organic sales growth in EMEA; flat organic sales growth in the U.S. & Canada.
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| Operating EBITDA |
- Operating EBITDA increased as volume benefits were partially offset by growth investments.
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- Operating EBITDA margin of 33.4% increased 340 basis points.
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| IndustrialsCo |
| Net Sales |
- Net sales were flat as organic sales growth of 2% was offset by a currency headwind of 1% and unfavourable portfolio impact of 1%.
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- Healthcare & Water Technologies sales up low-teens on an organic basis reflects volume growth in all business lines within Healthcare and demand strength in Water led by reverse osmosis.
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- Diversified Industrials sales down mid-single digits on an organic basis due primarily to softness in construction and auto markets.
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| Operating EBITDA |
- Operating EBITDA increased due to volume benefits and savings from restructuring actions.
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- Operating EBITDA margin of 23.8% increased 130 basis points.
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| Financial Outlook |
| “For the second quarter of 2025, we estimate net sales of about $3.2 billion, operating EBITDA of about $815 million and adjusted EPS of approximately $1.05 per share,” said Antonella Franzen, DuPont Chief Financial Officer. “Our second quarter guidance includes a seasonal sequential sales lift, although muted from prior expectations given timing shifts from the second quarter into the first quarter in Semiconductor Technologies.” |
| “Our full year 2025 guidance remains unchanged from our prior outlook. Further, full year guidance does not include a net cost impact of announced tariffs currently estimated at $60 million, or about $0.10 per share,” Franzen concluded. |
| For the full document, click the link below |
| DuPont de Nemours Inc |
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