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International Markets Boost DuPont's Earnings
6:10 AM MST | January 23, 2008 | CW Editorial Staff
DuPont reported net income for the fourth quarter, excluding significant items, of $522 million (57 cts/share), up 19% over the year-ago quarter, and beating analysts' consensus of 49 cts/share, as reported by First Call (Boston). Sales increased 11%, to $7 billion. Sales outside the U.S. improved 14%, helped by 20% growth in emerging markets, especially Brazil, China, and India, DuPont says. Revenues from Europe, Asia Pacific, and Canada and Latin America grew by 13%-17%. Sales generated from the U.S. grew by only 5%, the company says. Net income including...
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