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DuPont Agriculture & Nutrition segment Q2 2010 sale ups 16%
Jul. 28, 2010
DuPont announced today that its Agriculture & Nutrition segment, including Crop Protection, Pioneer Hi-Bred and Nutrition & Health businesses, sales of $3.0 billion increased $417 million, or 16%, principally from 12% volume growth and 5% higher selling prices. Segment sales primarily reflect North American seed share and price gains. Crop protection volume increased across all product lines with particularly strong sales of Rynaxypyr® insecticides and fungicides in Latin America. Segment PTOI of $762 million improved 31%, principally from higher volume, partly offset by increased spending for growth initiatives.
Source: DuPont press release
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