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Regulation G
The attached charts include company information that does not conform to generally accepted accounting principles (GAAP). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the company and allows investors to better evaluate the financial results of the company. These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore, these measures may not be consistent with similar measures provided by other companies. This data should be read in conjunction with the Companys first quarter earnings news release dated April 19, 2012, which will be furnished to the SEC on Form 8-K. Reconciliations of non-GAAP measures to GAAP results are available on the Investor Center website at www.dupont.com.
Developing Markets
Total developing markets is comprised of Developing Asia, Developing Europe, Middle East & Africa, and Latin America. A detailed list of all developing countries is available on the Earnings News Release link on the Investor Center website at www.dupont.com.
6% 12%
$11.2
12%
(2)% 8% (1)% 7%
1Q11
23.9%
21.3%
* See Schedules B, C, and D in the earnings news release for details of significant items and reconciliation of non-GAAP measures.
1Q'11
Volume
Fixed Cost
Currency
Portfolio Changes
Other
1Q'12
Key Takeaways
Pricing discipline and new products contribute to growth Volume reflects Ag gains in all regions offset by softness in PV and industrial markets
* Excluding significant items. See schedules B and D in the earnings news release for significant items and the reconciliation of non-GAAP measures.
Region
Worldwide U.S. & Canada
%
12 13
11
15 -2 30 23
Developing Markets
Developed EMEA 18% Developing EMEA 10%
$500 million contribution to principal US pension plan (Jan-12) ~$100 million working capital productivity Improved net working capital turnover by ~5%* Capex spend ~$2.1B FY; $0.3B 1Q12
Strong Balance Sheet
12
$ Billions
0
Mar-11 Jun-11 Sep-11 Dec-11 Mar-12
Agriculture
Pioneer, Crop Protection
1Q Sales *
5.0
1Q Comments
Sales +16% to $4.1B PTOI +18% to $1.3B Seed sales +20% to $3.2B All regions contributed to growth. Strong start to North America season, strong and early start to Europe and robust performance in Brazil Safrinha summer corn. Price realization and volume growth on track Crop Protection sales +7% to $0.9B Rynaxypyr continued growth; Europe strong, early start
$ in Billions
1Q PTOI **
1500 36%
2Q Outlook
1000 24% PTOI Margin $ in Millions
Sales up mid teens with mid single digit earnings growth Seed sales growth underpinned by a strong finish to the North American and European planting season Crop Protection sales significantly higher on northern hemisphere market conditions and new products Currency headwind moderates from 1Q levels
500
12%
0
1Q10 1Q11
0%
1Q12
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
1Q Comments
1Q Sales +149%, primarily Danisco Specialty Food Ingredient Solae specialty protein business continued growth offset by lower soy commodity sales in line with business objectives of mix enrichment
$ in Billions
0.4 0.2
0.0 1Q10 1Q11 1Q12
Earnings increased to $83 million on integration and positive cost synergy benefit of the Danisco specialty food ingredients acquisition
Earnings included $21 million amortization expense associated with step-up of acquired intangible assets
1Q PTOI **
100
80 $ in Millions 60 40 20 0 1Q10
15%
12% 9% 6% 3% 0% PTOI Margin
2Q Outlook
Sales of $820 to $860 million Increased earnings on higher sales and cost synergies offset in part by raw material increases. Earnings will include $21 million amortization expense associated with step-up of acquired intangible assets
1Q11
1Q12
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
1Q Comments
Sales down 17% on 18% lower volumes Price up 1%, essentially metals pass through PV cell and modules recovering late in 1Q, with share gains in Solamet metallization paste Consumer electronics mixed with strong demand for smart phones and tablets
$ in Billions
0.4
0.2 0.0 1Q10 1Q11 1Q12
1Q PTOI **
125
100 $ in Millions 75 50 25 0
1Q10 1Q11 1Q12
PTOI and PTOI margin down on lower volume and plant utilization
20%
16% PTOI Margin 12% 8% 4% 0%
2Q Outlook
Sales down moderately PV installations up ~10% for full year. PV market recovery expected by mid-2012 Demand growth for smart phones, tablets and laptops PTOI down substantially on lower volume
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
Industrial Biosciences
1Q Sales *
0.4
1Q Comments
1Q reflects acquisition of Genencor Strong demand in enzymes, especially in animal nutrition with new product launches and increased demand in grain processing (high fructose corn syrup and ethanol) Sorona gaining market adoptions in carpeting
$ in Billions
1Q PTOI **
50 40 $ in Millions 30 15% 12% 9% PTOI Margin
PTOI includes $5 million amortization expense associated with step-up of acquired intangible assets 2Q Outlook Sales of $290 to $320 million on continued growth in animal nutrition and food, strong growth in grain processing PTOI margin low double digits. PTOI includes $5 million amortization expense associated with step-up of acquired intangible assets.
20
10 0 1Q12
6%
3% 0%
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
10
Performance Chemicals
Titanium Technologies (DTT), Chemicals & Fluoroproducts (DC&F)
1Q Sales *
1Q Comments
2.0
$ in Billions
Sales up 6% on price
1.5
1.0 0.5 0.0 1Q10 1Q11 1Q12
1Q PTOI **
600 30%
2Q Outlook Sales up modestly primarily on price Ongoing market recovery, particularly in N. America Destocking ending in Asia
400
20%
PTOI Margin
$ in Millions
200
10%
PTOI up moderately
0%
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
11
Performance Coatings
1Q Sales *
1.25 1.00 0.75
1Q Comments Sales up 6% with price increases in all regions and market segments Auto builds up 4% globally, up 17% in NA Lower Refinish volume, primarily in S. Europe Continued demand growth for NA heavy duty trucks PTOI up 34% with 170 bps margin expansion through pricing, mix enrichment actions and productivity gains
10.0%
$ in Billions
0.50
0.25 0.00 1Q10 1Q11 1Q12
1Q PTOI **
100
2Q Outlook Sales up slightly on volume and price PTOI up substantially with continued margin improvement Global auto builds up 10-12% in 2Q, 5-6% for FY Continued pricing and mix enrichment actions Ongoing productivity emphasis
75
7.5%
$ in Millions
50
5.0%
25
2.5%
0.0%
PTOI Margin
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
12
Performance Materials
Performance Polymers (DPP), Packaging & Industrial Polymers (P&IP)
1Q Sales *
1Q Comments
2.0 $ in Billions 1.6 1.2 0.8 0.4 0.0
1Q10 1Q11 1Q12
Sales down 6% on 10% lower volume Price up 6% offsetting higher raw material costs Continued soft industrial and electronics demand, particularly in AP & EU Sequential growth in all regions PTOI down $48 million on lower volume
1Q PTOI **
300 20%
2Q Outlook
225 15%
150
10%
PTOI Margin
$ in Millions
Sales down slightly with continued sequential growth Global auto builds up 10-12% with NA up 22% PTOI up moderately due to lower ethane costs
75
5%
0
1Q10 1Q11 1Q12
0%
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
13
1Q Comments Sales down 2% with 5% lower volume partially offset by 3% higher selling prices Continued softness in industrial markets with weak infrastructure spend PTOI down 31% on lower volume and higher costs associated with operating the new Kevlar Cooper River plant 2Q Outlook Sales and PTOI up slightly with continued demand improvement in North America
PTOI Margin
$ in Billions
1Q10
1Q11
1Q12
1Q PTOI **
150 125 $ in Millions 100 75 50 25 0
1Q10 1Q11 1Q12
Improved demand for Kevlar in public sector and industrial markets Sequential demand improvement for Nomex particularly in auto and energy solutions
* Segment sales include transfers. ** Excluding significant items. See schedules C and D in the earnings news release for reconciliation of non-GAAP measures.
14
Appendix
Industrial Chemical Prices Total Company Volume and Local Pricing Trends Fixed Cost Control
15
16
17
18
40
35 30 1 Qtr 2 Qtr
2008 2009
3 Qtr
2010 2011
4 Qtr
2012
Full Year
* See Schedule D in earnings news release for detailed reconciliations of non-GAAP measures. Note: Data excludes significant items in all periods.
19
20