7% sales increase at DuPont in Q3 - sportstextiles: Lea SportsTextiles

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7% sales increase at DuPont in Q3

25/10/2006

US chemical company DuPont has reported consolidated net income of $485 million for the third quarter compared with a loss of $82 million in the same period in 2005. The increase can principally be attributed to higher sales volume and local selling prices and lower fixed costs. These benefits were partly offset by the impact of higher ingredient costs.

Consolidated net sales for the third quarter were $6.3 billion versus $5.9 billion last year, up 7%, with double-digit increases in Asia Pacific and Europe. Local selling prices were higher in every region, increasing worldwide sales by 3%. Sales volume increased 3%.

Third quarter sales in the company’s Coatings & Color Technologies sector were $1.6 billion, up 8%, reflecting 5% higher volume and 3% higher $ selling prices.  Third quarter sales for its Performance Materials sector were $1.7 billion, a 13% increase, reflecting 6% higher volume and 7% higher $ selling prices.


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