DowDuPont reported on a quarterly profit increase that exceeded the forecasts

DowDuPont, formed as a result of the merger of two chemical giants Dow Chemical and DuPont, in the first quarter increased its net profit from continuing operations to 1.1 billion dollars compared to a profit of 888 million dollars for the same period last year. Adjusted earnings rose 7% to 1 dollar 12 cents per share, analysts had predicted 1 dollar 9 cents per share. Quarterly revenue was $21.5 billion, increased by 5%. Analysts had expected the figure at the level of 21.4 billion dollars. The company's management expects that in the second quarter revenues will grow by more than 10%, EBITDA - more than 20%.

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