(CercleFinance.com) – As a preliminary matter, DuPont de Nemours announces an EPS estimated between 0.85 and 0.87 dollars for the last quarter of 2023, for an operating EBITDA of approximately 715 million dollars and revenues of around 2.9 billion.
‘At the end of 2023, we saw additional destocking within our industrial activities, as well as continued low demand in China,’ highlights its president and CEO Ed Breen, adding that ‘similar trends continue’.
For the first quarter of 2024, DuPont says it expects adjusted EPS of approximately $0.63 to $0.65, operating EBITDA of approximately $610 million and revenue of approximately $2.8 billion.
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