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Net sales of $3 billion decreased 8%; organic sales decreased 3% versus year-ago period.
May 2, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
DuPont announced financial results for the first quarter ended March 31, 2023. Net sales of $3 billion decreased 8%, while organic sales decreased 3% versus year-ago period. DuPont reported 4% organic sales growth in Water & Protection;, but 13% organic sales declines in Electronics & Industrial. GAAP income from continuing operations was $273 million; operating EBITDA was $714 million. Operating cash flow was $343 million; adjusted free cash flow was $102 million. “We delivered ea...
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