Strong dollar weakens DuPont's sales, revenues

April 21, 2015 11:31 AM

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Strong dollar weakens DuPont's sales, revenues

Dow component DuPont topped first-quarter earnings forecasts but its sales fell 9%, dragged down by adverse currency impacts from a strong dollar.

DuPont, which makes and sells seeds, chemicals and food ingredients around the globe, reported earnings per share of $1.34, which topped estimates by 3 cents. Cost cutting was a key to the earnings beat.

Also read: UPDATE 1-Industrial equipment hire firm Ashtead hikes annual results forecast

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