DuPont de Nemours, Inc. (DD) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and thank you for joining us for DuPont's first quarter 2025 Financial Results Conference call. Joining me today are Ed Breen, Executive Chairman, Lori Koch, Chief Executive Officer, John Kemp, current Electronics Business President and CEO-elect of the Future Independent Electronics Company, and Antonella Franzen, Chief Financial Officer. We have prepared slides to supplement our remarks, which are posted on DuPont's website under the Investor Relations tab and through the webcast link. Please read the forward-looking statement disclaimer contained in the slides. During this call, we will make forward-looking statements regarding our expectations or predictions about the future. Because these statements are based on current assumptions and factors that involve risks and uncertainties, our actual performance and results may differ materially from our forward-looking statements. Our Form 10-K, as updated by our current and periodic reports, includes detailed discussion of principal risks and uncertainties which may cause such differences. Unless otherwise specified, all historical financial measures presented today are on a continuing operations basis and exclude significant items. We will also refer to other non-GAAP measures. The reconciliation to the most directly comparable GAAP financial measure is included in our press release and presentation materials and have been posted to DuPont's investor relations website. I'll now turn the call over to Lori, who will begin on slide three. Good morning, and thanks, everyone, for joining our call. Earlier today, we reported solid first quarter results ahead of our previously communicated guidance. First quarter sales grew 6% on an organic basis on strong volume growth. Operating EBITDA of $788 million increas...