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DuPont agriculture segment sales down 6% in Q1 2014
Apr. 23, 2014
Sales of DuPont’s agriculture segment, including crop protection and seed business, decreased by 5.9% to $4,394 million in the first quarter ended March 31, 2014, and the PTOI dropped by 2.6% to $ 1,442 million y-o-y.
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DuPont's agriculture segment sales results ($ million)
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|||
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Q1 Ended
March 31
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Q1 2014
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Q1 2013
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Change %
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|
Sales
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4,394
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4,669
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-5.9
|
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PTOI
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1,442
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1,481
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-2.6
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* pre-tax operating income excluding significant items
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Outlook
The company reaffirms its outlook for full-year 2014 operating earnings of $4.20-$4.45 per share, an increase of 8-15 percent from $3.88 per share earned in 2013, based on anticipated growth in global industrial market demand. The company also expects it will earn about 70 percent of its full year operating earnings per share in the first half.
Source: DuPont news release
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