DuPont Unveils Upbeat Forecast | December 19, 2011 Issue - Vol. 89 Issue 51 | Chemical & Engineering News
 
 
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Volume 89 Issue 51 | p. 10 | News of The Week
Issue Date: December 19, 2011

DuPont Unveils Upbeat Forecast

Investor day: Firm aims for 12% annual earnings growth fueled by integration of Danisco
Department: Business
Keywords: earnings, sales, industrial biotech, acquisition, forecast

DuPont presented its strategy for robust growth in 2012 and beyond at its annual investor day last week. CEO Ellen J. Kullman told analysts that the company has set its sights on sales increases of 7% per year and growth in earnings per share of 12%.

In the near term, however, demand for some DuPont industrial products is soft. Kullman acknowledged weakening in consumer electronics and construction as well as destocking in polymers, factors that . . .

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