financetom
Business
financetom
/
Business
/
DuPont revises 2025 net sales forecast to reflect Qnity spin-off
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DuPont revises 2025 net sales forecast to reflect Qnity spin-off
Sep 18, 2025 4:32 AM

Sept 18 (Reuters) - Industrial materials maker DuPont ( DD )

on Thursday forecast 2025 net sales of about $6.87

billion, recasting its prior outlook to reflect the planned

spin-off of its electronics unit and the divestiture of its

Aramids business.

The revised figure excludes results from Qnity Electronics,

which will be separated on November 1, and the Aramids unit,

which will be treated as discontinued operations beginning the

third quarter.

DuPont ( DD ) also lowered its third-quarter adjusted profit

forecast to $1.06 per share, from an earlier forecast of $1.15

per share, on Aramids business sale.

The company had previously forecast 2025 net sales of $12.85

billion.

Last month, the chemical maker said it will sell its

heat-resistant fiber business Aramids, home to brands such as

body armor maker Kevlar, to peer Arclin for $1.8 billion as the

chemicals company undergoes a broader reorganization.

The company said it will provide an update of its full-year

adjusted profit forecast, as part of its third quarter earnings

call as it finalizes its capital structure.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EXPLAINER-The latest investigation into the Boeing 787
EXPLAINER-The latest investigation into the Boeing 787
May 7, 2024
May 7 (Reuters) - The Federal Aviation Administration said on Monday it has opened an investigation into the Boeing 787 Dreamliner to see whether some employees committed misconduct by claiming certain tests that were not performed had been completed. WHAT'S HAPPENING? The U.S. FAA has opened another investigation into Boeing ( BA ), which was already facing probes related to...
Freeport-Mcmoran Insider Sold Shares Worth $2,781,118, According to a Recent SEC Filing
Freeport-Mcmoran Insider Sold Shares Worth $2,781,118, According to a Recent SEC Filing
May 7, 2024
06:01 PM EDT, 05/07/2024 (MT Newswires) -- Richard C Adkerson, Director, Chairman of the Board & CEO, on May 06, 2024, sold 54,771 shares in Freeport-Mcmoran ( FCX ) for $2,781,118. Following the Form 4 filing with the SEC, Adkerson has control over a total of 5,464,935 shares of the company, with 3,652,478 shares held directly and 1,812,457 controlled indirectly....
US lawmakers seek to strengthen bill to ensure quick airline refunds
US lawmakers seek to strengthen bill to ensure quick airline refunds
May 7, 2024
WASHINGTON (Reuters) - U.S. House and Senate negotiators have agreed to revise language in an aviation reform bill to ensure quick refunds for airline passengers whose flights are canceled and who are not seeking alternative flights. On April 24, the U.S. Transportation Department finalized new rules that will later this year require automatic cash refunds for canceled flights when passengers...
Ovintiv Q1 Net Earnings, Revenue Fall
Ovintiv Q1 Net Earnings, Revenue Fall
May 7, 2024
06:01 PM EDT, 05/07/2024 (MT Newswires) -- Ovintiv ( OVV ) reported Q1 net earnings late Tuesday of $1.24 per diluted share, down from $1.97 a year earlier. Analysts polled by Capital IQ expected $1.38. Total revenue for the quarter ended March 31 was $2.35 billion, down from $2.55 billion a year earlier. Analysts surveyed by Capital IQ expected $2.66...
Copyright 2023-2026 - www.financetom.com All Rights Reserved