DuPont Reports Fourth Quarter 2020 Results
- 4Q20 GAAP EPS from continuing operations of $0.37; adjusted EPS of $0.95
- 4Q20 Net Sales of $5.3 billion, up 1 percent; organic sales flat with the year-ago period
- 4Q20 GAAP Income from continuing operations of $279 million and Operating EBITDA of $1.3 billion
- ~$130 million in non-manufacturing costs savings in the quarter; delivered structural cost take-out target of ~$280 million for the year
- Operating cash flow of $1.3 billion; $1.0 billion free cash flow in the quarter increased 400% from 4Q19
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DuPont (NYSE: DD) today announced financial results for the fourth quarter 2020. The leading positions we hold in automotive, protective garments, residential construction, semiconductor, and smartphones markets enabled us to capitalize on positive momentum and deliver strong fourth quarter results with sequential volume improvement in all segments, said Ed Breen, DuPont Executive Chairman
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