DuPont Reaffirms Bullish Outlook for Ag Biotech

DuPont says it expects double-digit earnings growth from its agriculture and nutrition business through 2012, with 2007 beating its previously announced 10% sales and earnings growth target (CW, Aug. 15/22, p. 11). “The short- and long-term growth fundamentals for our agriculture platform are outstanding,” says J. Erik Fyrwald, group v.p./agriculture and nutrition at DuPont. “Ag demand will continue strong, which combined with our other growth drivers, will enable us to deliver double-digit earnings growth while we continue to increase our...

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