Financial News

DuPont Reports 4Q and

March 19, 2007

Pre-tax operating income (PTOI) for DuPont’s Coatings & Color Technologies segment was $282 million versus $153 million earned in the hurricane-impacted fourth quarter 2005. Excluding significant items, PTOI increased 31% due to higher titanium dioxide sales and a gain on the sale of assets, which together more than offset the impact of lower automotive OEM coatings volumes.
Fourth quarter sales of $1.6 billion were up seven percent. Higher volumes in the titanium dioxide business and higher prices in the coatings businesses more than offset lower volume in automotive OEM coatings.
blog comments powered by Disqus