- DuPont's 1Q 2015 earnings results were lower than 1Q 2014, with operating earnings down 15% and GAAP earnings down 27%. Segment operating earnings were down 14%. Net sales declined 9%, driven by currency impacts.
- Performance Materials results were up due to strong volume growth in ethylene and performance polymers, offsetting lower ethylene prices. Electronics & Communications grew on higher consumer electronics demand. Agriculture results declined due to currency impacts and lower planted corn acreage.
- DuPont expects Chemours to declare a $100M dividend in 3Q15 after the planned Performance Chemicals spinoff in July 2015, and for DuPont to return the majority of the $4B proceeds to shareholders via share repurch