Dupont De Nemours Inc Q1 2024 Earnings Call Summary - Thomson StreetEvents

Dupont De Nemours Inc Q1 2024 Earnings Call Summary

Dupont De Nemours Inc Q1 2024 Earnings Call Summary - Thomson StreetEvents
Dupont De Nemours Inc Q1 2024 Earnings Call Summary
Published May 01, 2024
16 pages (8828 words) — Published May 01, 2024
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About This Report

  
Abstract:

Edited Brief of DD.N earnings conference call or presentation 1-May-24 12:00pm GMT

  
Brief Excerpt:

...A. Our results for the period exceeded our expectations, driven by better-than-expected volumes in all segments. B. Broadly, the first quarter confirmed that we are past the bottom in electronics and on the road to recovery. C. Our Semiconductor Technologies business reported sequential sales growth of 8% in the first quarter and 10% year-over-year, driven by a pickup in the underlying chip demand and normalization of customer inventory levels, both slightly earlier than expected. D. In Interconnect Solutions, we saw a second straight quarter of year-over-year volume growth with volumes up 4%. E. We did, however, continue to see channel inventory destocking, as expected, resulting in year-over-year revenue declines in certain industrial-based businesses, but we believe those conditions have bottomed and our assumed recovery timing is also consistent with our previous expectations. F. That said, and given first quarter performance, we are raising our full year 2024 guidance for net sales,...

  
Report Type:

Brief

Source:
Company:
DuPont de Nemours Inc
Ticker
DD.N
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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Dupont De Nemours Inc Q1 2024 Earnings Call Transcript – 2024-05-01 – US$ 54.00 – Edited Transcript of DD.N earnings conference call or presentation 1-May-24 12:00pm GMT

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Dupont De Nemours Inc Q2 2023 Earnings Call Summary – 2023-08-02 – US$ 54.00 – Edited Brief of DD.N earnings conference call or presentation 2-Aug-23 12:00pm GMT

Dupont De Nemours Inc Q2 2023 Earnings Call Transcript – 2023-08-02 – US$ 54.00 – Edited Transcript of DD.N earnings conference call or presentation 2-Aug-23 12:00pm GMT

Dupont De Nemours Inc Q1 2023 Earnings Call Summary – 2023-05-02 – US$ 54.00 – Edited Brief of DD.N earnings conference call or presentation 2-May-23 12:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Dupont De Nemours Inc Q1 2024 Earnings Call Summary" May 01, 2024. Alacra Store. May 06, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Dupont-De-Nemours-Inc-Earnings-Call-B15958764>
  
APA:
Thomson StreetEvents. (2024). Dupont De Nemours Inc Q1 2024 Earnings Call Summary May 01, 2024. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Dupont-De-Nemours-Inc-Earnings-Call-B15958764>
  
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