DuPont Reaffirms Its Outlook For 2007

DuPont reaffirms its outlook for 2007 full-year earnings per share of about USD 3.15, excluding a USD 0.06 per share charge for significant items in the first quarter 2007.

For the second half of 2007, the company expects to benefit from continued growth outside the United States, higher local selling prices and ongoing fixed cost productivity gains. The company also anticipates continued softness in U.S. housing, higher ingredient costs and a higher base tax rate versus last year.

“Our strong position as a global market leader in both developed and developing economies enabled us to deliver 9 percent earnings growth in the first half of the year,” Chad said. “We will achieve our outlook through cost productivity gains and by continuing to deliver competitive advantages to our customers through market-driven innovations.”

600450 DuPont Reaffirms Its Outlook For 2007
Date: 25 July 2007
Source: DuPont

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