DuPont Sees Strong Long-Term Growth, Margin Expansions for Agriculture & Nutrition Segment

DuPont DD expects to grow its Agriculture & Nutrition earnings by 8 to 10 percent through 2015 and increase pre-tax operating margins in the range of 19 to 21 percent in the same time period for the seed, crop protection and nutrition and health businesses, DuPont Executive Vice President James C. Borel told attendees of the Goldman Sachs Agricultural Biotech Forum today. "The DuPont Agriculture & Nutrition segment delivered double-digit sales growth in 2010 while investing aggressively in research," said Borel. "We gained market share, received 30 regulatory approvals in the seed business alone and advanced nine programs across our seed and crop protection pipelines." "Our momentum is fueled by our relentless focus on innovation and meeting the needs of growers," said Borel. "Our approach to the marketplace is allowing us to deliver on our commitment to increase global food productivity through innovative solutions."