net profit of U.S. chemical company DuPont Co. in 2009 decreased by 12%, amounting to 1.77 billion dollars against the same target to $ 2.01 billion recorded up to 2008, according to a report published today by the company.
DuPont”s net sales for 2009 amounted to 26.1 billion dollars - by 14,5% lower than the previous year revenues of $ 30.5 billion to $ Profit before tax fell by 8.7% - up 2 18 billion dollars (previous year - 2.4 billion dollars).
In the IV quarter of last year, DuPont received a net profit of 445 million dollars, whereas in the IV quarter of 2008 was recorded a net loss of $ 636 million net sales in October-December 2009 increased by 13% - up 6.42 billion dollars from 5.82 billion dollars pretax profit was 572 million dollars, against losses of $ 961 million a year earlier.
company attributed the growth of financial indicators in the IV quarter, in particular, increased sales by more than 20% of the number of products, namely, titanium dioxide, electronic materials, engineering polymers. At the same time, the cost of raw materials, transportation and energy, in contrast, declined in the past quarter by about 20%, noted in the release of DuPont.
DuPont Earnings per share up to IV quarter amounted to $ 0,48 when the consensus forecast of analysts of $ 0.41 per Share.
DuPont (EI du Pont de Nemours) - one of the world”s largest chemical companies, the overall state of its staff - 60 thousand produces a wide range of chemical products and materials, including fluoropolymers, electronic materials, polymers, agricultural chemicals. The company also produces genetically modified seeds. DuPont shares included in the calculation of the index Dow Jones Industrial Average.
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