DuPont (DD) Affirms Strength of Seed Business
Tweet
Share
E-mailGet Alerts DD Hot Sheet
Price: $73.91 +0.03%
Revenue Growth %: -6.3%
Financial Fact:
Selling, general and administrative expenses: 1.02B
Today's EPS Names:
BVFL, MCET, REOS, More
Revenue Growth %: -6.3%
Financial Fact:
Selling, general and administrative expenses: 1.02B
Today's EPS Names:
BVFL, MCET, REOS, More
Join SI Premium – FREE
DuPont (NYSE: DD) affirms the continued strength of its seed business, Pioneer Hi-Bred.
Commenting: "The fundamentals of agriculture remain solid," said Schickler. "Last December, DuPont announced its expectations for sales and pre-tax operating margin growth through 2015 for the Agriculture & Nutrition reporting segment, which included the seed, crop protection and nutrition and health businesses. Those expectations remain unchanged as these businesses, in the aggregate, are expected to deliver sales at a compounded annual growth rate of 8 to 10 percent from 2010-15 and increase pre-tax operating margins in the range of 19 to 21 percent in the same time period."
Commenting: "The fundamentals of agriculture remain solid," said Schickler. "Last December, DuPont announced its expectations for sales and pre-tax operating margin growth through 2015 for the Agriculture & Nutrition reporting segment, which included the seed, crop protection and nutrition and health businesses. Those expectations remain unchanged as these businesses, in the aggregate, are expected to deliver sales at a compounded annual growth rate of 8 to 10 percent from 2010-15 and increase pre-tax operating margins in the range of 19 to 21 percent in the same time period."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Beyond Meat (BYND) Appoints Yi (Jevy) Luo as Principal Accounting Officer
- Cadence (CDNS) tumbles despite Q1 beat on top and bottom lines
- Claros Mortgage Trust, Inc. (CMTG) Announces Resignation of Kevin Cullinan, EVP of Originations
Create E-mail Alert Related Categories
Corporate News, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
