FMP
May 23, 2024 2:49 PM - Davit Kirakosyan
DuPont (NYSE:DD) shares gained more than 5% pre-market today after the company announced its intention to split into three independent, publicly traded companies focused on Electronics, Water, and a diversified industrial segment. The restructuring aims to increase shareholder value by enabling each new entity to focus on its specific market. The company stated that the separations are intended to be tax-free for DuPont shareholders.
The reorganization will result in New DuPont becoming a diversified industrial leader, while the Electronics and Water divisions will operate as separate companies, each with its own board and management team. New DuPont will retain its primary businesses, excluding Water Solutions, and will continue to apply its materials science expertise across sectors like healthcare and electric vehicles.
The new structure is designed to uphold high margins and strong cash flow, with financial policies similar to those of the current DuPont. The Electronics division, projected to have $4.0 billion in net sales and a 29% operating EBITDA margin in 2023, will concentrate on semiconductor solutions and advanced electronics products, benefiting from the expansion of high-performance computing, AI, and the Internet of Things. The Water division, specializing in water filtration and purification technologies, reported net sales of around $1.5 billion and a 24% operating EBITDA margin in 2023. It aims to boost earnings through ongoing investments and potential acquisitions.
DuPont expects to complete the separations within 18 to 24 months, subject to customary conditions and approvals, including those from DuPont's Board of Directors and regulatory authorities.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...