Cash proceeds included $2.4 billion from the Diamond Infrastructure Solutions partnership and expected proceeds from NOVA judgment and two noncore product line divestitures totaling approximately $250 million.
Dow is accelerating cost savings, expecting to deliver approximately $400 million in 2025, up from an original target of $300 million.
EBITDA was $703 million, lower than the same period last year.
In Q2 2025, Dow reported net sales of $10.1 billion, down 7% year-over-year and 3% sequentially, reflecting declines across all operating segments.
The company announced a 50% dividend reduction effective Q3 2025 to maintain financial flexibility amid a prolonged down cycle.
Adjusted EPS increased 15% to $1.12 per share compared to the prior year.
DuPont reported second quarter sales of $3.3 billion, growing 2% organically year-over-year.
Electronics segment sales grew 6% organically to $1.2 billion, driven by volume growth in semiconductor technologies and Interconnect Solutions.
Free cash flow was $433 million with a conversion rate of 93%.
Industrials segment sales increased 1% organically to $2.1 billion, with Healthcare & Water up high single digits and diversified industrials down low single digits.
Operating EBITDA margin for Electronics was 31.9%, up 220 basis points, and for Industrials was 24.4%, up 50 basis points.
Operating EBITDA was $859 million, up 8% year-over-year, with a margin of 26.4%, an increase of 120 basis points.
Dafinchi