Bayer confirms 2025 targets after solid start to the year
EBITDA before special items decreases to €4.08 billion (7.4%)
EBITDA before special items decreases to €4.08 billion (7.4%)
Bayer expects 2025 to be the most difficult year of its turnaround
Critical resources will help Genvor to grow and scale biological crop protection products and innovative trait technologies
Pharmaceuticals and Consumer Health report higher sales (Fx & portfolio adj.) and lower earnings
EBITDA before special items falls 1.3 percent to € 4.41 billion
Group sales came in at 47.637 billion euros, down 1.2% on a currency- and portfolio-adjusted basis
We are redesigning Bayer to focus only on what’s essential for our mission, ‘Health for all, hunger for none’”
Company announced that it is accelerating its investment in its Leaps by Bayer impact investment unit with more than 1.3 billion euros funding until end of 2024
The company expects to generate an EBITDA margin before special items of around 27 percent in 2021.
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