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DuPont's Earnings Rise on Agchems and Emerging Markets
April 22, 2008 | Kerri Walsh
DuPont reported first-quarter net income up 19%, to $1.2 billion ($1.31/share), excluding $52 million in special items in the year-ago period. First Call's (Boston) consensus estimate was $1.26/share. Sales rose 9%, to $8.6 billion helped by higher local selling prices and favorable currency exchange rates. Agchem and emerging markets drove revenue growth, DuPont says. â€œOur investments in agriculture and emerging markets enabled us to capitalize on robust growth in those areas which, when combined with gains from our productivity improvement programs, more than...
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