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DuPont reveals long-term growth outlook

Innovation, differential management and productivity to remain drivers

Innovation, differential management and productivity to remain drivers

According to an announcement, during DuPont’s 2011 Investor Day, Chair and CEO Ellen Kullman and the company’s senior leaders detailed the dynamic global growth strategy for continuing to deliver strong, sustainable results in 2012 and beyond, contributing to seven and 12% compound annual growth rates for sales and earnings, respectively, in the coming years.

The leaders reportedly outlined specific long-term growth targets and priorities for each of the company’s segments: Agriculture, Nutrition & Health; Electronics & Communications, Industrial, Safety & Protection, Performance Chemicals, Performance Coatings and Performance Materials.

“Science-powered, market-driven innovation remains the cornerstone of the company,” Kullman said. “DuPont expects nearly $12 billion of revenue from products introduced in the previous four years, roughly 30% of company sales in 2011. That demonstrates the power of our innovation.”

Highlighting the company’s portfolio shift towards sustainable high-growth opportunities, where innovation would play a key role, Kullman added, “DuPont is differentially managing its portfolio to deliver solutions that meet the food, energy and protection challenges of a growing global population.”