杜邦公司DuPont (DD) 2010年年度报告「NYSE」.pdf

1、Delivering solutions,delivering growth through inclusive innovation.2010 DUPONT ANNUAL REVIEWTo DuPont ShareholdersDuPont excelled in 2010.We came through 2009 focused on business fundamentals and established a solid foundation as we emerged stronger from the economic downturn.In 2010,we delivered s

2、uperior performance in terms of growth,productivity and operating leverage.We managed our portfolio differentially,setting aggressive goals for each business.We f nished the year ahead of our f xed cost and working capital productivity goals.We outperformed our competition and worked hard to deliver

3、 shareholder value to earn investor trust and conf dence.Now,in 2011,we have the momentum to deliver continued growth,innovationand expanded margins.There are even better things to come.Through 2015,we expect underlying earnings per share growth of about 12 percent compounded annually.We have attrac

4、tive growth opportunities supported by market-driven science and fueled by global megatrends associated with population growth.We are allocating resources to drive the highest growth opportunities.Productivity will continue to be a cornerstone of how we operate our company.We measured our performanc

5、e in 2010 opposite a set of Directives that we adopted to drive our results.Heres how we did:Revenue and earnings growth In revenue growth we far exceeded the 10 percent target we set,and ended the year up 21 percent.Earnings per share grew more than 60 percent.Notable growth areas included:an extre

6、mely strong photovoltaic market;increased automotive builds;a faster rate of restocking in the first half of the year;stronger-than-expected recovery in developed markets;continued strength in agriculture and continued growthin developing markets.Innovation In 2010,31 percent of our sales came from