Dan’s Biz Bookshelf: ‘Elevate: Push Beyond Your Limits'
The Marketing Minute: The First Step to More Sales—Marketing
It’s Only Common Sense: Customer Service Is Sales in Disguise
DuPont Reports Second Quarter 2022 Results
August 3, 2022 | DuPontEstimated reading time: 1 minute
DuPont announced financial results for the second quarter of 2022.
"We delivered second quarter financial results ahead of expectations by maintaining a disciplined focus on pricing actions and operational excellence in the face of continued global supply chain and logistics challenges and ongoing inflationary pressure," said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. "Underlying demand during the quarter in our key end-markets remained strong. Year-over-year and sequential sales and earnings growth in a volatile macro environment demonstrated the strength of our portfolio, our deep customer relationships and the leading market positions we hold globally."
"We continue to advance our previously announced portfolio actions of acquiring Rogers Corporation and divesting a substantial portion of the former Mobility & Materials segment," Breen continued. "Regarding Rogers, we expect to close the acquisition during the third quarter of 2022, with China being the last remaining jurisdiction requiring regulatory approval. For the M&M transactions, we continue to expect the completion of the sale of portions of this business to Celanese to close around year-end."
"As DuPont drives innovation investment to support long-term growth, we continue to introduce new products across our key growth pillars," Breen said. "We are excited to have won four 2022 Edison Awards highlighting innovative technologies, while also progressing well with our broader new product pipeline to support growth over the coming years."
Net sales
- Net sales increased 7% on organic sales growth of 9%; portfolio benefit of 1% was more than offset by a 3% currency headwind.
- Organic sales growth of 9% consisted of an 8% increase in price and 1% increase in volume.
- Price increase reflects actions taken to offset continued broad-based cost inflation.
- Volume increase reflects continued strong demand in semiconductor, general industrial, water and construction end-markets, muted primarily by lower volumes from protective garments within Safety Solutions.
- 9% organic sales growth in Water & Protection; 8% organic sales growth in Electronics & Industrial; 15% organic sales growth in retained businesses reported in Corporate & Other, which predominantly consists of our auto adhesives portfolio.
- Organic sales growth in all regions globally, including 13% in U.S & Canada, 8% in EMEA and 6% in Asia Pacific.
Share on:
Suggested Items
July 2025 PCB007 Magazine: Sales—From Pitch to PO
07/18/2025 |Though all parts of a company are essential for holistic success, it is a foundational truth that a company lives and dies by its sales. If there are no sales, the company eventually ceases to exist, or as Henry Ford says, “Nothing happens until someone sells something.” In the July issue of PCB007 Magazine, we break down the sales stack and provide a guide to up your sales game.
ViTrox’s HITS 5.0 Empowers Global Partners with Innovative Solutions and Stronger Bonds
07/16/2025 | ViTroxViTrox, strives to be the World’s Most Trusted Technology Company, proudly announces the successful conclusion of its fifth edition of High Impact Training for Sales (HITS 5.0), held from 23rd to 27th June 2025 at ViTrox Campus 2.0 and 3.0, located in Batu Kawan Industrial Park, Penang, Malaysia.
The Marketing Minute: The First Step to More Sales—Marketing
07/16/2025 | Brittany Martin -- Column: The Marketing MinuteIn today’s competitive B2B landscape, marketing is no longer just a support role; it’s the starting line. Before a PO is ever submitted, marketing has already laid the foundation for the sale. These days, buyers are more informed, selective, and self-guided than ever, and marketing is how they find, evaluate, and build trust in your company.
It’s Only Common Sense: Customer Service Is Sales in Disguise
07/14/2025 | Dan Beaulieu -- Column: It's Only Common SenseCustomer service is one of the most powerful sales tools a business can deploy. Every interaction—whether they're calling to ask a question, complain, or inquire about your hours—is an opportunity to build your brand, create loyalty, and drive sales.
ViTrox Announces Strategic Partnership with Maxim SMT to Strengthen Presence in India
07/04/2025 | ViTroxViTrox, which aims to be the World’s Most Trusted Technology Company, is proud to announce the appointment of Maxim SMT as its new Sales Channel Partner in India, effective 1st June 2025.