IndustryWeek : DuPont's Profits Up 70% in 2010
Home : Economy & Public Policy : Finance : DuPont's Profits Up 70% in 2010

DuPont's Profits Up 70% in 2010

Sales rose 21%

By . Agence France-Presse

Jan. 25, 2011

Reaching $.3031 billion, DuPont's net profits soared by 70% in 2010, the U.S. chemicals giant announced on Jan. 25.

Net sales for the year rose by 21% to $31.5 billion, nearing the firm's pre-recession figures.

But in the final quarter of 2010 profits were down 15%, against the same period in 2009, coming in at $376 million.

But the group's total consolidated sales were higher, at $7.4 billion in the fourth quarter, beating analysts' expectations of nearly $7 billion.

"The fourth quarter was an outstanding finish to an outstanding year," DuPont's CEO Ellen Kullman said.

Copyright Agence France-Presse, 2011

Spotlight

How to Turn Leaders into 'Strategists'

By Jonathan Katz
New book by Harvard Business School professor explores why some executive strategies fail and others succeed.

Read Full Story
Also on IndustryWeek.com

New White Papers

More White Papers »

Poll
Which manufacturing sector has the best chance of outperforming the U.S. economy this year?






Comment in the IW Forums.