(Reuters) - Industrial materials maker DuPont on Thursday forecast 2025 net sales of about $6.87 billion, recasting its prior outlook to reflect the planned spin-off of its electronics unit and the divestiture of its Aramids business.
The revised figure excludes results from Qnity Electronics, which will be separated on November 1, and the Aramids unit, which will be treated as discontinued operations beginning the third quarter.
DuPont also lowered its third-quarter adjusted profit forecast to $1.06 per share, from an earlier forecast of $1.15 per share, on Aramids business sale.
The company had previously forecast 2025 net sales of $12.85 billion.
Last month, the chemical maker said it will sell its heat-resistant fiber business Aramids, home to brands such as body armor maker Kevlar, to peer Arclin for $1.8 billion as the chemicals company undergoes a broader reorganization.
The company said it will provide an update of its full-year adjusted profit forecast, as part of its third quarter earnings call as it finalizes its capital structure.
(Reporting by Sumit Saha and Tanay Dhumal in Bengaluru; Editing by Shailesh Kuber)