January 30, 2020 08:00 AM ET. Transportation & Industrial reported fourth quarter net sales of $1.2 billion, down 9 percent from the year-ago period. Operating EBITDA, GAAP EPS from continuing operations totaled $0.24 versus pro forma GAAP EPS from continuing operations in the year-ago period of $0.39; the decline is mostly attributable to lower segment results and a higher tax rate partially offset by lower significant items, DuPont (NYSE: DD) is a global innovation leader with technology-based materials, ingredients and solutions that help transform industries and everyday life. DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted. DuPont Media Line:+1 302-999-2761. Management estimates amortization expense in 2020 associated with intangibles acquired as part of the Merger to be approximately $1.9 billion on a pre-tax basis, or approximately $2.00 per share. Organic sales were up 3 percent driven by 2 percent growth in volume and a 1 percent gain in price. DuPont Leadership; DuPont Board; Contact the Board of Directors; Contact Investor Relations; Email Alerts; FAQ; DowDuPont Investors - Prior to June 1, 2019. ... Our 2019 Form 10-K, as updated by … ET on May 2, 2019, to discuss the Materials Science Division’s financial results within DowDuPont. The unaudited pro forma Statements of Operations for the years ended December 31, 2019 and 2018 and for three months ended December 31, 2018 give effect to the pro forma events as if they had been consummated on January 1, 2018. DuPont Reports Fourth Quarter and Full Year 2019 Results, Our Commitment to Racial Equity and Equality, Our Commitment to Advancing Racial Equity and Equality, Pro forma GAAP Income (Loss) from continuing operations totaled $(522) million, versus $237 million in the year-ago period. The pro forma financial statements are presented for informational purposes only, and do not purport to represent what DuPont's results of operations or financial position would have been had the Transactions occurred on the dates indicated, nor do they purport to project the results of operations or financial position for any future period or as of any future date. Integration and separation costs related to the Merger, post-Merger integration, the Distributions and, beginning in the fourth quarter of 2019, the intended separation of the Nutrition & Biosciences business. Fourth quarter operating EBITDA for the segment was $323 million, a decrease of 2 percent from pro forma operating EBITDA of $330 million in the year-ago period. Net (loss) income from continuing operations available for DuPont common stockholders. It expects operating … Sign up now to receive up-to-date info for press releases, events, end-of-day stock quote. However, Semiconductor Technologies volumes were up 1 percent sequentially. Reflects the Company's share of net charges related to its investment in the HSC Group, consisting of $456 million in asset impairment charges, primarily  fixed assets, offset slightly by benefits associated with certain customer contract settlements of $248 million deemed non-recurring in nature. Organic sales were up 3 percent versus prior year. • 2020 adjusted earnings per share guidance of $3.70 to $3.90 reflecting headwinds from prior year discrete benefits and nylon market pressures . • 2020 adjusted earnings per share guidance of $3.70 to $3.90 reflecting headwinds from prior year discrete benefits and nylon market pressures . DuPontTM and all products, unless otherwise noted, denoted with TM, SM or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc. Unaudited Pro Forma Financial Information. The company completed the separation of its agriculture business into a separate and independent public company on June 1, 2019, by way of a pro rata dividend-in-kind of all the then outstanding stock of Corteva, Inc. (the "Corteva Distribution"). Organic sales were up 3 percent driven by 2 percent growth in volume and a 1 percent gain in price. Add to Apple Calendar (opens in new window) Add to Google Calendar (opens in new window) Add to Microsoft Outlook (opens in new window) Add to iCalendar (opens in new window) Webcast. The decline in pro forma operating EBITDA was primarily the result of lower Hemlock Semiconductor equity earnings and lower segment volumes partially offset by a gain on the sale of DuPont Sustainable Solutions. Currency exchange contracts as a result of U.S. tax reform, I would to! Financial Information presented herein has been retroactively adjusted to reflect the impact of weak demand reflect change! 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