DowDuPont issues profit warning for agriculture business as severe weather hurt seed deliveries

📆 18/04/2019 23.05.00
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DowDuPont warns on profit for ag business as severe weather hurt seed deliveries

DowDuPont Inc. DWDP, +0.13% said Thursday it expects its agriculture business to fall short of guidance for the first quarter after severe weather delayed seed deliveries into early April. "Less than 50% of planned seed deliveries in the last 5 days of the quarter occurred, resulting in a greater than anticipated impact on first quarter performance," the company said in a statement.

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