DuPont's Q2 2022 Sales Increase 7%, Exceeding $3.3 Billion Profit

On the afternoon of August 3, DuPont released its financial results for the second quarter of 202 Second-quarter net sales totaled $3 billion, up 7% year over year (organic sales up 9% year over year); operating earnings before interest, taxes, depreciation and amortization (EBITDA) of $829 million, up 6% year over year (EBITDA margin was flat year-over-year and quarter-over-quarter); Adjusted.

DuPont's performance was supported, with major price hikes continuing to fully offset the headwinds of higher costs for raw materials, logistics and energy inflati.

We continued to advance a series of previously announced portfolio realignments, including the acquisition of Rogers Corporation and the divestiture of most of the Transportation and Materials busine.

DuPont is committed to driving innovation investments to support long-term growth, and our key pillars will continue to introduce new produc.

Performance Highlights of Each Business Segment in the Second Quarter of 2022

Electronics and Industry

Second-quarter 2022 net sales rose 16% to $527 billion, with 8% organic growth; segment earnings rose 11%, at exchange rates, thanks to last year's acquisition of Laird Performance Materials produced a 3% adverse effe.

The Semiconductor Technology business achieved organic sales growth in the mid-teens percentile, mainly due to continued strong demand, corresponding advanced technology node migration and high capacity utilization, as well as growth in the 5G communications and data center segmen.

High-single-digit organic sales growth in the Industrial Solutions business was driven by continued strong demand in healthcare applications such as OLED materials, Kalrez and Vespel products, and biopharmaceutical pipelin.

The Electronic Interconnect Technology business posted a low-single-digit organic decline in sales, primarily due to lower volum.

Water Treatment and Protection

Net sales for the second quarter of 2022 increased 6% to $497 billion, with organic growth of 9% resulting from a combination of 12% price increases and 3% volume declin.

The Building Solutions business achieved high-single-digit organic sales growth in the mid-teens, primarily driven by higher pricing, continued strong demand from the North American residential building industry, and continued growth in the commercial building indust.

The Safety Solutions business achieved mid-single-digit organic sales growth, primarily as lower sales of Tyvek protective clothing partially offset the positive impact of pricing adjustmen.

Water treatment sales achieved high-single-digit organic growth, mainly due to continued strong global demand in the water treatment technology segment and pricing acti.