DuPont de Nemours, Inc.
Q2 2022 Earnings Call
Aug 02, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, and welcome to DuPont 2Q 2022 earnings conference call. [Operator instructions] Thank you. Chris Mecray, you may begin your conference.
Chris Mecray -- Vice President, Investor Relations
Good morning, everyone. Thank you for joining us for review of DuPont's second quarter 2022 financial results. Joining me today are Ed Breen, chief executive officer; and Lori Koch, chief financial officer. We prepared slides to supplement our comments during this review, which are posted on the Investor Relations section of DuPont's website and through the webcast link.
Please read the forward-looking statement disclaimer contained in the slides. During this financial review, we'll make forward-looking statements regarding our expectations or predictions about the future. Because these statements are based on current assumptions and factors that involve risks and uncertainties, our actual performance and results may differ materially from our forward-looking statements. Our 2021 Form 10-K as updated by current and periodic reports, includes detailed discussion of principal risks and uncertainties which may cause such differences.
Unless otherwise specified, all historical financial measures presented today exclude significant items. We'll also refer to other non-GAAP measures. A reconciliation to the most directly comparable GAAP measures are included in our press release and posted to the Investor page of our website. I'll now turn the call over to Ed.
Ed Breen -- Chief Executive Officer
Good morning. Thank you for joining our second quarter financial review. We posted strong quarterly results above expectations in a difficult environment. Our top-line revenue growth of 7% versus the year-ago period included solid organic growth of 9%.
Overall, customer demand remains strong across our key end markets as E&I delivered a 6% volume increase driven by ongoing strength in semiconductor technologies and industrial solutions. In terms of inflation, our pricing actions continue to fully offset higher costs associated with raw materials, logistics, and energy. Early in the quarter, our expectation for full year 2022 was about $600 million of increased costs and that number has now risen to over $700 million, mainly due to higher energy and logistics costs. We still expect to remain price cost neutral in the second half and for the full year based on pricing actions we have taken.