DuPont reported a 14% increase in net sales to $4.3 billion and a 13% increase in organic sales versus the year-ago period. GAAP EPS from continuing operations was $0.47, while adjusted EPS was $1.08. The company issued 2022 guidance with adjusted EPS expected to be in the range of $4.60 to $4.90 per share.
Net sales increased by 14% and organic sales increased by 13% compared to the year-ago period.
GAAP EPS from continuing operations was $0.47, and adjusted EPS was $1.08.
Operating EBITDA was $973 million, up 5% versus the year-ago period.
The company announced a 10% increase to its first quarter regular dividend and a board approval of a $1.0 billion share buyback program.
For 2022, DuPont expects net sales between $17.4 and $17.8 billion and operating EBITDA between $4.3 and $4.5 billion. Full year adjusted EPS is expected to be in the range of $4.60 to $4.90 per share.