DuPont Q2 net sales $3.2B (+2% YoY); raises FY2024 guidance for net sales, EBITDA and adj. EPS

DuPont de Nemours, Inc.

2024-Q2 EPS reported $0.87 revenue$6,102,000,000

GAAP EPS from cont. ops. $0.40, down 27% YoY; adjusted EPS $0.97, up 14% YoY.
Operating EBITDA $798M, up 8% YoY; operating EBITDA margin 25.2% vs 23.9%.
Electronics & Industrial organic sales +8% led by Semiconductor Technologies (+20%+); Water & Protection organic sales -6%.
Raises FY2024 guidance: net sales $12.4-12.5B, operating EBITDA $3.06-3.11B, adjusted EPS $3.70-3.80.
Closed Donatelle acquisition expanding healthcare offerings; advancing separation of electronics and water businesses.

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