The company expects that global macroeconomic conditions for first quarter 2009 will be similar to fourth quarter 2008, with very weak demand in most of the companys key markets, excluding agriculture.
Suspends dividends for foreseeable future
As anticipated, declines in construction, motor vehicle sales and consumer spending, magnified by inventory destocking across most supply chains during the fourth quarter, caused a steep decline in global industrial production.
With the approval of the supervisory board, on 6 February 2009 Albrecht Bolza-Schünemann (56), president and CEO of German press manufacturer Koenig & Bauer AG (KBA), will hand his financial remit to Helge Hansen (61), a respected banker and business
DuPont reported a fourth quarter 2008 loss of USD .70 per share. Excluding a USD .42 per share charge from a previously announced restructuring program, the fourth quarter loss was USD .28 per share, in line with guidance.
The following are business segment highlights comparing sales and pre-tax operating income (PTOI) (loss) excluding significant items for fourth quarter 2008 versus fourth quarter 2007.
Amidst recent reports by MPs condemning the Governments plans to boost skills training as a dogs dinner, Proskills, the sector skills council (SSC) for the process & manufacturing sector which includes the printing industry has welcomed the governments latest commitment to invest in skills training.
