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DuPont Exec Says Profit Recovery May Take Three Years

8:53 AM MDT | October 8, 2009 | Robert Westervelt

A senior DuPont official says that he expects it will take about two and one-half to three years for DuPont to return to 2008 profit levels. 
 Mark P. Vergnano, DuPont executive v.p., made the comment  at an investor meeting earlier this wee. He adds that the expectation includes the loss of income from its pharmaceutical segment. â€¨DuPont posted net income of $2 billion in 2008, a 33% decline from prior-year levels. Revenues were $30.5 billion, a 4% increase over 2007 levels. DuPont’s pharma unit contributed pre-tax operating income of $1.03...

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