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Chemical Week Magazine :: Top of the Week
DuPont maintains 2012 outlook; growth next year diluted by TiO2
7:22 AM MST | December 14, 2012 | —Robert Westervelt
DuPont says it expects 2012 earnings to be at the high end of a previous guidance of $3.25–3.30/share. The company forecasts “2013 earnings to grow low- to mid-single digits with sales growing in the low-single digits.” That forecast is below analyst expectations of 13% growth, to $3.70/share, according to estimates compiled by Thomson Reuters. “While we are seeing indications that market conditions are firming up in some areas, volatility and uncertainty also persist,” says DuPont chair and CEO Ellen Kullman. “Investments we...
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