| Fourth Quarter 2024 Highlights |
- Net Sales of $3.1 billion increased by 7%; organic sales increased by 7% versus the year-ago period.
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- GAAP Loss from continuing operations of $(61) million, operating EBITDA of $807 million
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- GAAP EPS from continuing operations of $(0.17); adjusted EPS of $1.13
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- Cash provided by operating activities from continuing operations of $564 million; transaction-adjusted free cash flow of $455 million
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| Full Year 2024 Highlights |
- Net Sales of $12.4 billion increased by 3%; organic sales increased by 1% versus the prior year.
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- GAAP Income from continuing operations of $778 million; operating EBITDA of $3.14 billion
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- GAAP EPS from continuing operations of $1.77; adjusted EPS of $4.07
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- Cash provided by operating activities from continuing operations of $2.3 billion; transaction-adjusted free cash flow of $1.8 billion
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| DuPont (NYSE: DD) announced its financial results(1) for the fourth quarter and full year ended December 31, 2024 and initiated 2025 financial guidance. |
| “DuPont closed out a year of strong financial performance with solid fourth-quarter results as we saw continued strength in electronics end-markets and a return to year-over-year top-line growth in Water & Protection driven by further improvement in water and medical packaging end-markets,” said Lori Koch, DuPont Chief Executive Officer. “Our team’s ongoing focus on operational execution and cost discipline throughout 2024 delivered 100 basis points of margin expansion with 17% adjusted EPS growth for the full year, along with strong cash generation and related cash conversion of 105%.” |
| “I am pleased with the progress we are making on the intended separation of our Electronics business targeted for November 1, 2025,” Koch added. “We also remain excited for and confident in DuPont’s value creation opportunities following the Electronics separation, centred around the high growth businesses of Water and Healthcare, along with other market-leading industrial product lines.” |
| “I am pleased with our solid fourth-quarter results, which capped off a strong year of financial performance,e and we look to carry this momentum into 2025,” said Antonella Franzen, Chief Financial Officer of DuPont. “We estimate first quarter 2025 net sales of about $3.025 billion, which assumes mid-single digit organic growth and a foreign currency headwind of approximately 1.5% on a year over year basis. Further, we estimate operating EBITDA of about $760 million and adjusted EPS of approximately $0.95 per share for the first quarter.” |
| “For full-year 2025, we estimate consolidated net sales of $12.8 to $12.9 billion, operating EBITDA of |
| $3.325 to $3.375 billion, and adjusted EPS of $4.30 to $4.40 per share,” Franzen added. “Our full-year net sales guidance assumes mid-single digit organic growth and a foreign currency headwind of about 1% versus last year.” |
| For the full document, click the link below: |
| DuPont de Nemours Inc |
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