DuPont HomeMSDSDuPont DirectAbout DuPont
Our CompanyScienceSocial CommitmentInvestor CenterMedia CenterCareer Center
Go there
The miracles of science?

Select Industry


DuPont Chief Financial Officer Briefs Analysts on Recent Performance

Contact: Michelle Reardon
302-774-7447





Company is Focused on Delivering Results Through Growth and Productivity



WILMINGTON, Del., May 9, 2007 - At a conference with security analysts today, DuPont Executive Vice President & Chief Financial Officer Jeffrey L. Keefer reviewed DuPont’s growth strategies and recent results achieved against those strategies.



“Our rising return on innovation and rapid growth in emerging markets are key growth drivers for us,” Keefer said. Recent new products from DuPont include: Herculex® insect-protected seed corn; Tyvek® Thermawrap™ and DuPont™ Energain® to reduce building energy consumption; and, new aesthetics for Corian® surfaces. New products to be introduced in the near future include DuPont™ Optimum™ GAT™ which is expected to be in the market for soybeans in 2009 and corn in 2010. In addition, the company remains intensely focused on advancing its high-potential bio-based fuels and bio-based materials pipelines.



“While driving innovation, we also continue to improve our cost and capital productivity on a project-by-project basis,” said Keefer. “Our financial progress from 2003 through 2006 demonstrates the track we are on:

  • Pre-tax operating income margin has increased six percentage points,
  • return on invested capital has increased seven percentage points,
  • and, average growth in earnings per share over this three-year period has been 20 percent.”



“We will continue to execute our growth strategies while maintaining financial discipline and returning cash to our shareholders,” Keefer said. He highlighted the company’s commitment to returning cash to shareholders through dividends and share repurchases. In particular, Keefer commented that DuPont's $5 billion share repurchase program launched in November 2005 is nearly 80 percent complete.



DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.



Forward-Looking Statements: This news release contains forward-looking statements based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in DuPont’s filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products.



05/09/07



The DuPont Oval Logo, DuPont™, The miracles of science™, and Herculex®, Tyvek® Thermawrap™, Energain®, Corian® and Optimum™ GAT™ are registered trademarks or trademarks of DuPont or its affiliates.



back to news releases