DowDuPont: beats consensus in Q2
(CercleFinance.com) - DowDuPont - the chemicals group that resulted from the 2017 merger between Dow Chemical and DuPont - posted adjusted Q2 EPS that is up 41% at 1.
37 dollar, nine cents above the consensus.
Operating EBITDA rose by 29% to 5.7 billion dollars for revenue that is up 17% at 24.2 billion dollars, with double-digit growth in each division and gains across all geographic areas.
The group is continuing to post above-market growth in most of its business portfolio, DowDuPont said, which forecasts over 10% sales growth over the current quarter, with growth in operating EBITDA exceeding 12%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
37 dollar, nine cents above the consensus.
Operating EBITDA rose by 29% to 5.7 billion dollars for revenue that is up 17% at 24.2 billion dollars, with double-digit growth in each division and gains across all geographic areas.
The group is continuing to post above-market growth in most of its business portfolio, DowDuPont said, which forecasts over 10% sales growth over the current quarter, with growth in operating EBITDA exceeding 12%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.