Solid Financial Performance
DuPont reported third quarter sales of $3.1 billion, reflecting a 6% organic growth year-over-year. Operating EBITDA also increased by 6% to $840 million, resulting in an operating EBITDA margin of 27.3%.
Strong Performance in Electronics and Industrials
The ElectronicsCo and IndustrialsCo segments saw organic sales growth of 10% and 4% respectively. Semiconductor technologies and Interconnect Solutions had high single-digit and low teens organic growth, driven by AI technology demand.
Improved Guidance and Capital Allocation
DuPont raised its full-year earnings guidance, announced a quarterly dividend of $0.20 per share, and approved a $2 billion share repurchase authorization, demonstrating strong financial health and commitment to shareholder returns.
Successful Completion of Qnity Separation
DuPont completed the separation of Qnity, positioning it as a leading technology solutions partner in the semiconductor value chain.
Operational and Strategic Initiatives
The company introduced enhanced KPIs and management standards to drive shareholder, customer, and employee improvements. It also made strategic moves such as acquiring manufacturing capacity in China to expand its reverse osmosis footprint.