Flexible Electronics News

DuPont Reports 2Q 2023 Financial Results

Net sales were $3.1 billion, a decrease of 7%, while organic sales decreased 4% versus year-ago period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

DuPont announced financial results for the second quarter ended June 30, 2023. Net sales were $3.1 billion, a decrease of 7%, while organic sales decreased 4% versus year-ago period. GAAP income from continuing operations was $269 million, with operating EBITDA of $738 million. Cash provided by operating activities from continuing operations was $400 million; adjusted free cash flow was $277 million. “We delivered second quarter revenue and operating EBITDA results ahead of our expectation...

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