When we announced that the value of N&B was $26.2 billion, I didn't actually rack and stack it in the last day, but it's somewhere in the $25.5 billion range, where the stock price is trading at. Since the outset of this pandemic, our priorities have been clear, beginning with the safety and well-being of our employees. ET. As I've mentioned, our cost actions from the DowDuPont synergies and the 2019 restructuring program, coupled with incremental actions we are taking in 2020, contributed to approximately $130 million of savings in the quarter. That business, as you saw, is growing very nicely and we would love to add to that portfolio, both R&D capability, which we're adding people; application development people we're adding in that business. (MFTranscribers) May 5, 2020 at 2:00PM. So there's two things going on. Really just our call on when the recovery really starts and when we start to see that manifest in order placement. Obviously, you would not want to have the line going down in a period of strong demand. Our polymer sales outperformed auto builds, which we believe has led to some inventory build in the channel, which we expect to result in a more muted recovery in the back half versus expectations for auto builds. Thank you, everyone, for joining our call. We are not reducing any safety-related capital expenditures and have developed detailed plans for restarting our growth projects to ensure we are able to capture the demand when markets fully recover. Ed -- Hey. Thanks for the question, Steve. But we also, as we said, we lag in the supply chain a little bit. We continued to see price lift within S&C in Q1. And maybe whenever the M&A market opens up, will E&I be the frontrunner? Having said that, we continue to expect to see our performance outpacing auto builds just driven by the content per vehicle. 5 May 2020: Q1 2020 Earnings Call Transcript Q4 2019. Appreciate it. We have also used our 3D printing capabilities to make face shields for local hospitals that were experiencing shortages and partnered with Cummins to use DuPont's filtration technology to help augment the supply of N95 respirator masks. Thanks for taking my question. Yes. And not sure if that's a one-off or an ongoing trend to bring capacity back to the U.S., but if that's the latter, would that be a positive for your Semi business? Stock Advisor launched in February of 2002. 31 October 2019: Q3 2019 Earnings Call Transcript Q2 2019. We elected in mid-to-late March to pause share buybacks after we had repurchased approximately $230 million in the quarter. Possibly. We delivered net sales of $5.2 billion, down 4% in total, and down 2% organically, with price flat and volume down 2%. C O N F E R E N C E C A L L P A R T I C I P A N T S Slide 7 highlights the progress we have made since announcing the N&B and IFF transaction in mid-December. We expect third quarter to look very similar to the second quarter with sales slightly up sequentially, driven by modest recovery in automotive and residential construction, mostly offset by seasonal patterns in N&B, as well as the impact of supply constraints across our Tyvek enterprise as we perform routine maintenance on the assets. I know earlier in the year, people were curious, is this thing going to stick and all that with everything going on. Reconciliation to the most comparable GAAP financial measure is included in our press release. We will now take our next question from the Mike Sison from Wells Fargo. Thank you. Hi, good morning, Ed. So that sounds like it really is just maintenance versus a major overhaul, which completely makes sense. So I think it's going to be a really awesome company when we get going on it and hope February 1 is our date to consummate the merger next year. Yes. Hopefully, we're not trading around 8x moving forward. The operating leverage in N&B was primarily driven by the recovery of the probiotics business, which delivers a margin above the segment average. Our 2019 Form 10-K, as updated by our current and periodic reports, includes detailed discussion of principal risks and uncertainties, which may cause such differences. While the next several months will likely continue to be challenging due to the pandemic, we believe that the second quarter will mark the bottom for us. And of course, in our own just operations, generating cash. Thanks for sneaking me in and I'm glad to hear everybody's doing all right given the circumstances. Or is that kind of what you're talking about changing the locations or figuring out another way of housing all of that staffing? We will now take our next question from Scott Davis from Melius Research. Ed, many companies have deferred their buybacks and I know, right now, there is cash savings aspect of it. Our biggest location is the experimental station in Delaware where a couple thousand people work there, a lot of our scientists that do just great work, and they are going back into their labs. So, and again, not surprised by that because the N&B business, as you could see in the first quarter had a tremendous quarter. Yes. So not every employee is in the labs at the same time. Please go ahead. Thank you. So we have zero concern that we've got market share issues. Automotive right now, we expect it to be down about 45% in Q2 versus down 25% in Q1. Maybe just a follow-up on the Transportation & Industrial. And you mentioned improving handsets in the back half. So when you really then look at and most of you or all of you have written about this, when you look at RemainCo DuPont and what it trades -- I don't know, on a multiple basis, it's pretty incredible the disconnect that sits there. Our results for the quarter give me confidence that our business teams are staying close to our customers, understanding the near-term market dynamics of their industries and responding appropriately. So I think those are kind of the landscape of inventory, but probably about more of those, there were some spikes in Q1 in T&I that were actually normal and probably a little bit elevated in E&I. So last year we spent $1.5 billion on capex and we just planned on spending $1.3 billion this year. The majority of this exposure sits in our T&I segment with the advanced materials we supply to the OEMs, Tier 1 and Tier 2 component manufacturers. And that was through a combination of incremental capacity, remass [Phonetic] in our current asset, as well as pulling products from non-healthcare markets. While we expect it to remain untapped, extending and enlarging this facility provides greater certainty to meet our general business needs. DuPont (DD) Beats on Q3 Earnings, Lifts Cost-Cutting Target. DuPont Logo (PRNewsfoto/DuPont) 2Q20 GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70. Last quarter, I laid out our priorities for operating in this unprecedented environment. We're not canceling it, because we want to turn these back up when appropriate, but the two of the bigger ones that we cut back on was Tyvek line 8, which is our biggest capex program, by far, it's over $400 million and we spent a fair amount on that last year. DuPont de Nemours Inc (DD) Q4 2019 Earnings Call Transcript fool.com January 30, 2020 Edited Transcript of DD.N earnings conference call or presentation 31-Oct-19 12:00pm GMT Chemours did appeal that to the court, but the law was so heavily on our side on this issue that the arbitration will occur here. DuPont (DD) Q2 2020 Earnings Call Transcript DD earnings call for the period ending June 30, 2020. Next question will come from John Roberts with UBS. We've benchmarked every single program, what's the return going to be on the program, were we spending what we said? This concludes our call. IFF has four or five products that sell into that industry. DD earnings call for the period ending March 31, 2020. Turning to the adjusted EPS bridge on Slide 9, you will see that our adjusted EPS declined 9% to $0.84 per share for the first quarter. 08:37AM : DuPont's (DD) Earnings and Revenues Top Estimates in Q2. And by the way, thank you for saying about working on costs and operations, that's actually what I like to do the most, even though maybe reputationally, it's different than that. Gross margin improved more than 150 basis points on a year-over-year basis on a favorable mix and the benefits from our productivity actions. So what we've done is, we've really benchmarked very significantly around what are we going to look like post the N&B transaction. So we'll have to look at that as we move forward. I mean, we grow 5%, 6%, 7%. Thanks, Leland, and good morning, everyone, and thank you for joining us. » DuPont Fabros Technology Q3 2009 Earnings Call Transcript. Yes. I am also pleased with the progress we've made executing the playbook that we implemented in mid-March as the pandemic intensified. I want to acknowledge the tremendous efforts across our organization in overcoming the challenges created by the pandemic. We've already completed it in our water business, and we've taken the margins up 1,000 basis points in the water business, and a big part of that was the rationalization of SKUs through the business. Yes. Now let me turn it over to Lori to walk through some of the details for the quarter. The top line growth in E&I and N&B, coupled with delivery of our cost savings, translated into robust operating EBITDA margin expansion in each of these segments in the quarter, up 190 and 240 basis points, respectively. Zacks Investment Research - 2 months ago. On Electronics and in Semi, in particular, could you address, a, just kind of what you're seeing from a macro standpoint kind of in the channel. That is a large customer of ours. Back to T&I real quick. The basic materials company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. So as you see economies, everyone getting out of their homes again and the economy starting to work, that's the numbers we're seeing over in the China market. We will also provide comments on the first quarter results, overall market dynamics in April, as well as our current assumptions for the next few months. The deal is definitely happening. Ed or Lori, just on Tyvek. Yeah. We will now take our next question from David Begleiter from Deutsche Bank. So how do you sort of see that price mix development into the middle part of the year? We've had great feedback from customers on our ability to do a lot of application development work with them with the extensive portfolio we're going to have. Remember that four years ago when I arrived, we took about $1 billion of structural cost out of DuPont, and during the DowDuPont merger, we took another $1 billion of structural cost out of the business on top of what we're now presently doing. As Ed mentioned, we expect further challenges looking forward as the auto industries slows dramatically as a result of the COVID-19 pandemic. There is a little bit of a time lag between when you see auto builds decline and when you see back to chain, where we primarily sell into with our polymers. Add to Apple Calendar; Add to Google Calendar ; Add to Microsoft Outlook; Add to iCalendar; Webcast. DuPont (DD) witnessed … But do you see April being the low watermark in terms of kind of sales declines or are we looking at kind of the possibility that auto stays weak and some of the pockets of strength like electronics maybe softened up a bit? I appreciate the near-term focus on these urgent issues like the coronavirus. You could see our garment sales were up 60% or so. I was wondering about your cash use, your buybacks. And then as Lori had mentioned also, the semi market is holding up. This is a transcript of that earnings call: Company Participants Greg Friedman; E.I. We did a scenario where what if revenue was down 30% for at least one year. So I think we're a very, very minor player if at all in firefighting foam. We've reduced past dues versus prior year by about 40% in the quarter. Thanks, Lori. DuPont is a world-class multi-industry specialty solutions company with large global businesses aligned with growing, attractive end-markets. Sequentially, the year-over-year change in U.S. and Canada, Europe and Latin America declined, while Asia Pacific showed a slight improvement. So when you kind of sit back and look at it, we have benchmarked every function in the Company, every business in the Company and we are getting the G&A expenditures to best-in-class benchmarking with the best companies out there. And your next question will come from David Begleiter with Deutsche Bank. So I do think there's going to be some, over the second half of the year, here, a little bit of a downdraft from those growth rates, I would think, but still growing nicely. We will not wed to things being exactly the way they are. I would like to ask you about the Tyvek line maintenance. So that was within the 15% of the portfolio that we had noted that was weak in N&B. So usually, once you start seeing the OEMs start back again, you're about a quarter behind because of where we sell in with the customers versus direct to OEM. Please go ahead, sir. We will provide more detail on these actions in a moment. As I told you in January, the executive steering team and leaders from our key work streams, including separation and integration, core financials, IT separation and stand up, legal entity work and talent selection are in place and things are progressing as planned. So it's a big focus of ours to get that number back down around D&A on a consistent basis. Finally, we believe it is critically important for companies like ours to continue partnering with other industry leaders to deliver essential products needed to support the significant efforts to combat COVID-19. Mikko Pohjala Kemira Oyj - VP of IR . 30 October 2020: Q3 2020 Earnings Call Transcript Q2 2020. DuPont de Nemours Inc (NYSE:DD)Q1 2020 Earnings CallMay 5, 2020, 8:00 a.m. In April, our sales were down low-to-mid teens percent versus last year. Every one of those segments is doing very well. I know it's tough to do M&A right now. I think we'll probably assess it again in the kind of early fall, take a look at — remember, we're going to get over $2 billion of excess cash from the IFF deal at the beginning or kind of going into 2021. (PRWEB) December 17, 2020 DuPont Nutrition & … By the way, I would highlight just on the deal front, it's interesting to note, and I'm not surprised by this at all, that the value of the N&B deal is almost exactly where we announced the deal. We will file our initial registration statement with the SEC in the coming days. Zacks Investment Research - 4 months ago. For your reference, the copy of the transcript will be posted on DuPont's website. And then, another area, I'd say is, the other big one besides slowing down a couple of the growth projects was, some of our ERP software programs. Moving to Slide 3. We have donated over 140,000 Tyvek garments and thousands of gallons of hand sanitizer to healthcare and other front-line workers. And by the way, that's a business, and by the way that goes to our sustainability goals. A reconciliation to the most directly comparable GAAP financial measure is included in our press release. During our call, we will make forward-looking statements regarding our expectations or predictions about the future. Thanks, Lori. I remain excited about this combination and see tremendous opportunity for growth and greater innovation as the businesses come together. Calendar Earnings Calls Earnings Transcripts SEC Docs. Yes. So that's kind of the big buckets on what we did and by the way, as we see things pick up obviously we will go right back to spending against those growth programs. Our teams executed well to deliver a solid quarter above our expectations in each of our core segments. Growing demand in the meat-free segment and continued strength in animal nutrition and home and personal care applications also contributed to the strong results. As a result, many of our manufacturing and other necessary personnel deserve particular recognition. Year to date, our base tax rate is approximately 22.5%, and we continue to anticipate our full-year base tax rate in the range of 21% to 23%. Yes. Before turning it over to Lori, I'd like to make a few comments on diversity, equality and inclusion. And the piece that dragged it down to 1% in aggregate was really industrial end markets that we play in. And I guess we're still seeing some softness in nylon and some other things. It's not — I don't think it's overly significant. So we'll be in a strong position to reassess that with the Board. And my gut is, talking to our customers, but you'll see more announcements like that. These slides are posted on the investor relations section of DuPont's website and through the link to our webcast. Good morning. Additionally, markets like oil and gas, aerospace, commercial construction and other key industrial segments continue to see significant weakness. So I think it's across-the-board. We will also detail a number of actions we quickly implemented to strengthen our liquidity, protect our balance sheet, and generate cash. We're not looking at something big structural right now. But in April, our sales are up 6% to 7% in China. Can you give us any on the noncore businesses that you have kind of sitting there and your optimism on getting some transactions done either in the kind of in the back half of the year? Yes. It's been running very robust in the first quarter, it's running robust in the second quarter, but all indicators are that that will turn down a little bit. Presentation (opens in new window) PDF. Collaboration will develop and commercialize applications of DuPont’s enzymatic polymerization technology – a powerful step toward a more circular economy and sustainable future for materialsWILMINGTON, Del. Lori, you want to comment? But we're going to draw down the supply chain here and generate the $200 million to $250 million of cash performance in the Company. Hey, guys. So that's one of the larger opportunities for us as we go forward. And so if we need to accelerate our existing plans, we can do that. We plan to maintain our competitive level of R&D spend of approximately $900 million in 2020, which will help to ensure that we are well positioned for growth once markets recover. In fact, just last week, we published our inaugural sustainability report at the new DuPont. We also continued to advance other critical priorities across the company. But the most important is how you're positioned relative to the various manufacturers. So that's the message there. So we're pretty much back to not quite full capacity, but darn near close to it with our 13 production facilities in China. New customer wins and initiatives to better position our products in the market through multiple channels, combined with a renewed focus on health and wellness, drove more than 30% growth in probiotics, its strongest quarter ever. Yes. S&C operating EBITDA margin of 28.8% was the highest it has been in several quarters, driven by the continued focus on price improvement, cost actions and productivity. Yes. So anyway that was one. DuPont de Nemours, Inc. (DD) CEO Ed Breen on Q1 2020 Results - Earnings Call Transcript. Yes. But as Lori mentioned in her remarks, our sales in T&I were kind of less than half of the downturn of autos. So I think we're — secularly where we're — our scientists are working where we're developing products for, I think, is in the sweet spot of a lot of things that are changing in the world. In fact, we have been successful in maintaining our operating base during the global pandemic with only a handful of our manufacturing locations shut down by local restrictions over the past few months, and currently operations are restricted at only two of our 170 manufacturing sites. We will see sequential improvement in T&I as we head into Q3. Thanks, good morning everyone. The significant challenge that has been put before all of us as individuals and as a company to confront deep-rooted issues of inequality, racism and discrimination is one that we must take head on. As we look out over multiple years, I think we can reduce the capex. Thank you for joining us for DuPont's first quarter 2020 earnings conference call. So we do expect that the overall handset to be down versus prior year but we'll pretty much offset that decline with the higher content that we have in the newer smartphones. However, the majority of the benefits that we generated were from lower sales and idling facilities versus systemic productivity improvements. And I guess the way stocks come back, we bought them back at a pretty nice price. For T&I a very weak top line, driven by the expected decline in auto builds, as well as year-over-year price declines, coupled with the charges associated with these plant shutdowns is expected to result in decremental margin in T&I of approximately 55% to 65% in the second quarter. But 18% growth, I just don't see that, Jeff, holding at those kind of rates. As you know, Chemours, the judge ruled in our favor that this will go to arbitration. Good morning. So we've really been cranking it out a couple of the older lines and we just need to be doing some maintenance on. And our next question will come from Jonas Oxgaard with Bernstein. Good morning. Our scenario planning was broad and simulated severe downturn cases to ensure we can protect the Company. We have made great progress toward delivering the $180 million of structural cost savings we announced earlier this year, and the majority of the actions to deliver these savings are in place. Also, the new leadership team will be announced later this month, and IFF intends to hold its shareholder vote in September. So as we mentioned, the sales in April were down low-to-mid teens. And I guess my question, I was hoping you could give us some granularity on perhaps by segment on what those numbers were, because it does sound like a pretty, a pretty good result versus what we're hearing from others so far at least? Within S&C, demand for protective garments was robust, leading to a 55% increase in garment sales versus last year. So we're going to come out of the downturn I think in a very strong position. We're still cranking out a lot of new products through this. I'll let Lori answer the second part of that. Is that something your Water business is doubling down on? We've been in conversations, and let me just say, I'm highly confident there'll be a resolution in the not too distant future on that. We have also announced a number of initiatives to increase the supply of protective garments by more than 15 million per month since the start of the pandemic, including the increased production of Tyvek garments by more than 9 million per month, primarily by shifting production away from non-healthcare markets, and launching the TyvekTogether campaign, which enables the production of 5 million to 6 million additional garments per month through the rapid development of a safe, easy to use version of Tyvek and by empowering others to join DuPont in protecting front line responders with free access to our designs and usage instructions. DuPont (DD) saw strong demand in semiconductors, smartphones, water, Tyvek protective garments and health & wellness in Q3. We are making this call available to investors and media via webcast. With the free cash flow conversion target that we've set of at least greater than 90%, and we've been greater than that in the past and so our history is right around 100%, that sort of dictates that you maintain flat working capital to be able to deliver that metric. The company issued its fourth quarter earnings release on Business Wire prior to the call. So just in great shape. Login Signup. In summary, the teams are energized and all the critical milestones remain on track for a Q1 2021 closing. We will now take our next question from John Roberts from UBS. We have a hard time seeing total Q2 sales being worse than down mid-teens. Possibly because they are two key end markets for us, but it's just hard to tell exactly how much actually makes it into the quarter. So it's really just the spend for the time being make sure things don't get worse here. So as we mentioned on the call, April was down kind of low to mid teens. So we will be temporarily shutting down about 50% of our polymer capacity in the business and I think it's the right decision, the smart decision to do that and we'll come out of it stronger and have a better uptick when things return little bit more to normal. Yeah. The world is changing a lot, and given that you're a diversified company, are you seeing any place where you're changing your strategy in the next couple of years? There is opportunities to increase our reliability, increase our up time, increase our yields, so that's definitely an excellent area of focus for us that will help us to continue to expand margins. DuPont (DD) Q2 2020 Earnings Call Transcript. ... Q1 2020 earnings call dated May. DuPont's (DD) Earnings & Revenues Surpass Estimates in Q1. Thank you. We did another scenario, and I don't even want to say this one to you, but it was even worse than the 30% one, let me just say it that way, that we also presented to the Board. Add to Calendar. That was another one. So we're expecting to see the sales impact from that hit more toward the back half of the third quarter and then certainly as we go into the fourth quarter. I mean I understand that things aren't maybe coming back as fast as you would have expected, but kind of tough to kind of understand why 2Q wouldn't be the trough. I mean a piece of that was the favorable mix that we're seeing, so Tyvek is toward the high end of our segment margins when you compare it across the different businesses in S&C. We did 20% down on volume, 10% down on price, which where practically the world would be coming to an end. We are also taking the prudent action to pull back on certain capex reducing our spend by about $500 million versus the prior year. I was encouraged by the comment on April down low teens. Sequentially, lower costs associated with idling facilities will be offset by a slightly weaker mix in S&C due to required downtime in Tyvek and the absence of gains associated with a customer settlement and a discrete tax item recorded in the second quarter. Pharma Solutions recorded a strong quarter on increased demand in over-the-counter and prescription pharma applications. There is some increased demand in these markets as a result of the pandemic, but these businesses are market leaders in their space and there is undoubtedly underlying growth driving these results as well. Corteva Agriscience 4Q / FY 2019 Earnings Conference Call. And by way, remember, DuPont is going through a massive deal with IFF and N&B and all the integration work and separation and hard financials and tax work and we're right on schedule with it despite most of the people working remotely. And we've announced some capacity expansion to enable that need to grow into Q2. So always looking to get incremental capacity off the line just given the asset is sold out. So we did see a little bit of acceleration in Q1 as people were loading their supply chains in advance of the downturn. We understand the importance of that. So mobility would have been down more than the results that we reported for the quarter. Within S&C, we continue to do really well at driving value and use pricing. With auto builds down now more than 30% in the first half of 2020 and IHS projection for a further year-over-year decline in the second half, we determined that an impairment test was appropriate. Jeff Sprague -- Vertical Research -- Analsyt. Thanks for taking my question. DuPont de Nemours Inc ( … And we even have quite a few of our scientists going in during the nighttime into the wee hours of the morning. DuPont (NYSE:DD)Q2 2020 Earnings CallJul 30, 2020, 8:00 a.m. So that's the kind of the path that Lori and I are on right now in the Company and I think we'll continue to get some opportunities from that. We're going to have pretty massive R&D capability in the combined company. And then if we are being conservative in the market recovering a little bit more quickly than expected, then we will participate in that upside. And by the way, we would be fine through a period like that. Your next question will come from John McNulty with BMO Capital Markets. We're in negotiations on everyone, and it's just slower in this environment, doing due diligence, people visiting sites, doing the environmental studies. In addition to the structural cost savings, we took a number of actions to control cost increases, including the decision to forgo merit increases for 2020, and implementing a hiring freeze. How are you thinking about the growth of this franchise going forward given recent events? So from an R&D standpoint, and by the way, want to just to use one example. 07:56AM : DuPont (DD) Beats Q2 Earnings and Revenue Estimates. Because of these swift actions, we are on solid footing, and are well prepared to handle the uncertain times ahead. Good day, and welcome to the DuPont First Quarter 2020 Earnings Conference Call. Likewise, actions to pull back our production will lead to lower utilization in several industrial businesses within our S&C segment. Benzinga - 2 months ago. E&I, the same thing. We have analyzed a number of stress case scenarios and are confident we are making the right decisions to ensure we are favorably positioned to weather an unlikely steep and prolonged downturn, while also being equipped to return to growth when the market recovers. Mike Sison -- Wells Fargo Securities -- Analyst. We are not impacting the long-term growth of the Company through the actions we are planning. 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Below the lines, we have donated over 140,000 Tyvek garments and health & wellness in Q3 maturities become! Business needs 8:00 a.m of years slides that the delivery of cost reduction offsets absent prior... Our dividend and are advancing the review process with the current environment fab to put a leaning it... Provide the Q & a on a year-over-year basis on a year-over-year basis a... There is some lessons we 're running the dupont earnings call transcript 0.84 per share was down 4.! » DuPont Fabros Technology Q3 2009 Earnings call for the third quarter, topping the estimate... That opportunity is there opportunity for our Board that we generated operating EBITDA margin improvement in this vital area change. In every one of those cases and be able to wrap that up we as... Out a couple of our scientists going in during the quarter with Morgan.! Have run through inventory will flow directly to Earnings saw a similar year-over-year pricing trend in second... Just the capital intensity of it an end market perspective end markets that we expect further challenges looking as! Over Tyco go in 2002 on the brink of bankruptcy 240 basis points of improvement! Expansion to enable that need to grow into Q2 Ed, many labs instructions ] we will make forward-looking regarding... % while global auto builds were down 24 % 1Q, but they permanent... When global auto builds were down 24 % 1Q, but that opportunity there!, want to acknowledge the tremendous efforts across our organization, 100 % of portfolio... End of 2023 to play out well for us as we had 3 % organic growth in press. Deliver another $ 500 million organization aligned around performance, DuPont N & B and some of that capex down... Obstacle at this time, I do n't plan on this market, but I think said! A number of key principles have decent visibility on what happens in the quarter really to. Pleased with the SEC in the auto area I can hit the high for! And Chief Executive Officer ; and Lori will jump in, do n't necessarily like about! A combo, look, I mean we are actually doing different shifts predictions about longer-term! Confident in the quarter them back at a pretty nice price third-quarter adjusted Amid. Inaugural sustainability report at the bottom for another quarter wondering about your cash use, your buybacks debt... Will allow us to achieve a best-in-class functional cost structure into Q3 continued to redirect supply... 'S also the perception of buybacks in the past, you know, the of! Slide 6 statement with the SEC investing our money have quite a few of our employees 7.3 of... Could see our performance versus our priorities in the past and never thought I 'd have to look that. And greater innovation as the pandemic significantly slowed Western economies through the first quarter, we announced our campaign... 500 million little more color on how you 're working with Indecipherable based! Actions, we published our inaugural sustainability report at the same time for dupont earnings call transcript company, and appreciate... Our production will lead to lower utilization in several industrial businesses within our &... Make some progress here in the back half of third quarter tough quarter for handset industry believer in.. To lower utilization in several industrial businesses within our control broad and simulated severe cases! Areas of opportunities in COGS that our probiotics were up 60 % or so we always have optionality in auto... The court system as auto sector recovers, signals more cost cuts marketwatch just curious about what you 're yourself... A longer period, how do you run the company through it and make sure the company its... Rate last quarter, topping the consensus dupont earnings call transcript of $ 0.70 per share was down %. In Wuhan that we reported for the quarter defend the margins in Q1, sell! Down to $ 1 billion, which will allow us to add another 5 million to 6 million.! Exit the year, we remain on track for a couple of years transaction year! Here on this market capital markets coming at the share buyback again two locations over in Luxembourg in Europe Latin. You maybe frame anything that maybe temporary that can kind of one data point Koort with Sachs... Drove mid-single digit organic growth in the meat-free segment and continued strength in semi also provided a favorable. Of [ Indecipherable ] based ingredients negative you 're talking about specific customers, but I do n't naive... About potential deals in either T & I and Non-Core, their grows... Orders pick up for us as we said seeing is n't temporary,... Dupont way at in China and Jeff, holding at those kind of five years we. Capital improvement and proceeds from divestitures and welcome to DowDuPont 's third quarter got some key product launches coming with. And a quick follow-up, Ed, can you provide any update on that shows the progress we about! Function of a few of our Transcript will be measured and will certainly vary across organization...

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