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May 2, 2025 | PRNewswireEstimated reading time: 1 minute
DuPont announced its financial results for the first quarter ended March 31, 2025.
"Our results reflect continued strong quarterly financial performance with year-over-year organic sales growth and margin expansion in both the ElectronicsCo and IndustrialsCo segments," said Lori Koch, DuPont Chief Executive Officer. "We continue to benefit from ongoing strength in electronics markets as well as strong demand in healthcare and water end-markets. Through April, we continued to see strong order patterns consistent with our expectations."
"Our global manufacturing footprint and flexible supply chain network serves us well as we manage through the impact of tariffs," Koch continued. "Our teams are actively engaged with customers and suppliers as we work to further mitigate the impact."
"We remain on track for a November 1, 2025 spin-off of the Electronics business, which was announced this week as Qnity. We continue to achieve key milestones related to the separation, including executive leadership and Board appointments, as well as last week's filing of the initial Form 10 registration statement with the SEC," Koch concluded.
Net sales
- Net sales increased 5% on organic sales growth of 6% partially offset by a currency headwind of 1%.
- Organic sales growth of 6% consisted of an 8% increase in volume partially offset by a 2% decrease in price.
- Higher volume was driven by double-digit gains in electronics, healthcare and water end-markets.
- 14% organic sales growth in ElectronicsCo; 2% organic sales growth in IndustrialsCo.
- 13% organic sales growth in Asia Pacific; 4% organic sales growth in EMEA; flat organic sales growth in U.S. & Canada.
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