Alexandra Yates's questions to Dupont De Nemours Inc (DD) leadership • Q1 2025
Question
Alexandra Yates followed up on the China electronics business, asking for clarification on the Q1 sales pull-in and whether a 'giveback' from strong 2024 sales is still anticipated later in 2025.
Answer
Jon Kemp, CEO-elect of Qnity, reiterated that the company's guidance assumes a normalization of demand in China, resulting in a flat year-over-year performance. He noted that while some normalization is expected, underlying local demand remains strong in areas like EVs and data centers, and customer inventories are not considered hugely elevated.