Strong sales, improving economic outlook propel DuPont's Q1 income

04/28/2010 | ICIS News (U.K.)

The economic recovery has helped DuPont post a first-quarter net income of $1.14 billion, more than double its $489 million income during the same period a year ago, the company said Tuesday. Sales of the chemical major increased 23% from last year, volumes improved, and lower costs of raw materials and currency exchanges helped its results. "Our intense focus on customers, sustained R&D investments and productivity improvements are delivering growth," said DuPont CEO Ellen Kullman.

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