DuPont's ag segment takes financial hit

DuPont's ag segment takes financial hit

Currency negatively impacts financial earnings for DuPont's agriculture segment.

DuPont released its fourth-quarter and full-year operating financials on Jan. 26, reporting fourth-quarter 2015 operating earnings of 27 cents per share, compared with 57 cents per share in the prior year.

In agriculture, the company experienced an operating loss of $54 million, which resulted in $188 million in lower operating earnings. Increased local prices, cost reductions and continued productivity improvements were more than offset by a $139 million negative currency impact.<

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