DuPont raises outlook
WILMINGTON, Del. (AP) - April 10, 2008 The chemicals maker cited strong growth in its agricultural
sector and rapid growth in emerging markets.
DuPont says growth overseas will more than offset weakness in
the U.S. housing and automobile markets.
The weak dollar is also boosting overseas business, DuPont said.
For the first half of 2008, DuPont expects earnings growth of
about 10 percent, with second quarter earnings about equal to 2007
at $1.05 per share. DuPont also raised the lower end of its
full-year 2008 earnings outlook by five cents to a range of $3.40
to $3.55 per share.