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DuPont(DD) - 2025 Q3 - Earnings Call Presentation
2025-11-06 13:00
Financial Performance - Net sales reached $3.072 billion, a 7% increase compared to the previous year[65] - Organic sales grew by 6%, driven by electronics, healthcare, water, and industrials end-markets[14] - Operating EBITDA increased by 6% year-over-year to $840 million, attributed to organic growth and productivity[15] - Adjusted EPS remained consistent at $1.09 per share, with higher segment earnings offset by a higher tax rate[15] - Transaction-adjusted free cash flow from continuing operations was $576 million, representing a 126% conversion rate[15] Business Segments - IndustrialsCo's organic sales increased by 4%[15] - ElectronicsCo's organic sales increased by 10%[15] - Healthcare & Water Technologies sales increased by high-single digits organically[21] - Diversified Industrials sales increased by low-single digits organically[21] Strategic Initiatives - DuPont completed the spin-off of its Electronics business, Qnity, on November 1, 2025[3] - A definitive agreement was reached to sell the aramids business to TJC LP for approximately $1.2 billion in cash, a $300 million note, and a minority equity interest valued at $325 million[4] - A $2 billion share repurchase authorization was announced, with an initial $500 million accelerated share repurchase (ASR) expected to launch quickly[10] Guidance - Full-year 2025 operating EBITDA guidance was raised to approximately $1.6 billion[28] - Full-year 2025 net sales are projected to be approximately $6.840 billion[29] - Full-year 2025 adjusted EPS is projected to be approximately $1.66[29]