Dan’s Biz Bookshelf: ‘Innovation X: Why a Company’s Toughest Problems Are Its Greatest Advantage’
Happy’s Tech Talk #36: The LEGO Principle of Optical Assembly
DuPont Reaffirms Guidance, Accelerates Electronics Spin-off
January 16, 2025 | PRNewswireEstimated reading time: 1 minute
DuPont announced the acceleration of the separation of its Electronics business and is now targeting November 1, 2025 to complete the transaction. This decision recognizes the size and importance of Electronics to the overall shareholder value creation opportunity and DuPont's desire to complete the separation as quickly as possible.
Additionally, DuPont no longer intends to separate its Water business. The company evaluated all strategic alternatives and concluded the best path to generate value is for the Water business to remain in the DuPont portfolio. This also enhances DuPont's ability to continue optimizing its portfolio following the Electronics separation.
"We remain confident in the opportunity to create significant shareholder value through the separation of the Electronics business," said Ed Breen, DuPont Executive Chairman. "Achieving an independent Electronics company as soon as possible is the right decision for our shareholders."
"We remain excited about the value creation opportunity for DuPont following the Electronics separation," added Lori Koch, DuPont Chief Executive Officer. "The decision for Water to remain with DuPont provides the new organization with greater strategic flexibility over time and another high growth business alongside Healthcare. We continue to have conviction in the attractive outlook for Water and expect 2025 to be a strong year for the business."
Reaffirms Fourth Quarter and Full Year 2024 Financial Outlook
DuPont reaffirms its fourth quarter and full year 2024 financial guidance for net sales, operating EBITDA and adjusted EPS as provided on November 5, 2024 as part of its third quarter earnings release, including the expected continued improved performance in Water.
Share on:
Suggested Items
MKS Instruments Receives 2024 Supplier Excellence Award for Innovation from Onto Innovation
01/16/2025 | MKS Instruments, Inc.MKS Instruments, Inc., a global provider of enabling technologies that transform our world, was the recipient of the 2024 Supplier Excellence Award for Innovation presented by Onto Innovation Inc.
Gartner Says Worldwide PC Shipments Increased 1.4% in Q4 2024 and 1.3% for the Year
01/16/2025 | Gartner, Inc.Worldwide PC shipments totaled 64.4 million units in the fourth quarter of 2024, a 1.4% increase from the fourth quarter of 2023, according to preliminary results by Gartner, Inc.
AI Infrastructure to Dominate MLCC Demand in 2025 amid Persistent Oversupply Challenges
01/16/2025 | TrendForceTrendForce’s latest investigations have revealed the U.S. economy outperformed market expectations in December 2024, with non-farm payrolls and the Manufacturing Purchasing Managers’ Index (PMI) delivering strong results.
TRI to Join SMTA Austin Expo 2025
01/16/2025 | TRITest Research, Inc. (TRI), the leading provider of test and inspection systems for the electronics manufacturing industry, is pleased to announce plans to exhibit at the SMTA Austin Expo 2025, scheduled to take place on February 6, 2025, at the Travis County Exposition Center.
The Marketing Minute: Building Connections in the Electronics Industry
01/16/2025 | Brittany Martin -- Column: The Marketing MinuteWelcome to the first edition of The Marketing Minute. As someone deeply immersed in the electronics industry, I’ve seen how this field is not just about circuits and semiconductors; it’s about connections—between components, ideas, and people. Marketing in this niche requires the same principles: building authentic and powerful connections.