DuPont reports strong first quarter 2011

摘要

First quarter 2011 consolidated net sales of $10 billion were 18 percent higher than the prior year, reflecting nine percent higher volume, eight percent higher local prices and a one percent net increase from portfolio changes. First quarter 2011 net income attributable to DuPont increased 27 percent to $1,431 billion versus $1,129 billion in 2010. The increase reflects higher sales volume and selling prices, partly offset by a $171 million decline in Pharmaceuticals pre-tax income due to patent expirations. Fixed costs improved to 35 percent of sales from 37 percent in the first quarter 2010. Segment pre-tax operating income