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DuPont agriculture sales down 4% in Q3 2014![qrcode]()
Nov. 3, 2014
The seasonal operating loss due primarily to lower seed input costs and operating cost improvements, partially offset by lower sales and the absence of the prior year $26 million gain from the acquisition of a controlling interest in Pannar. Increases in insecticide and fungicide volumes, mainly in Latin America, were more than offset by lower corn seed and herbicide volumes and lower corn seed price.
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DuPont's agriculture segment sales results ($ million)
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||||||
|
Q3 Ended Sep 30
|
Q3 2014
|
Q3 2013
|
Change %
|
Nine-month
2014
|
Nine-month
2013
|
Change %
|
|
Sales
|
1,563
|
1,633
|
-4.3
|
9,572
|
9,933
|
-3.6
|
|
PTOI* (loss)
|
(55)
|
(62)
|
-
|
2,223
|
2,395
|
-7.2
|
|
PTOI*
excluding significant items (loss)
|
(55)
|
(102)
|
-
|
2,176
|
2,240
|
-2.9
|
|
* pre-tax operating income
|
||||||
Source: DuPont news release
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