DuPont Sees 27% Increase in Earnings
Wilmington, DE, April 21, 2011 --DuPont reported first quarter net income increased 27% to $1.43 billion versus $1.13 billion in 2010, with earnings of $1.52 per share, compared to $1.24 per share in the prior year.
Sales increased 18 percent to $10.0 billion with 9% higher sales volume, 8% higher local price and a 1% increase from portfolio changes. Sales in developing markets grew 30%.
All segments recorded double-digit sales growth.