Bayer Crop Science Division Faces Sales Decline Amid Market ...

Bayer Group reported increased sales in the second quarter of 2024, despite lower earnings, driven by strong performances across its divisions.

... Crop Science Division. Net income amounted to ... Crop Science posts decline in sales and slight increase in EBITDA before special items.

The chemical giant cut its financial outlook as it faces slowing crop protection sales and regulatory uncertainty around glyphosate and ...

... agricultural market was weaker than expected and that it's facing pricing pressure in crop protection. Corn and soy sales were hit by ...

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Bayer added that special charges of 4.1 billion euros, mainly from write-downs on intangible assets in its Crop Science division, resulted ...

... decline in Xarelto sales and a sequential decline in the EBITDA margin raises concerns. Additionally, Bayer has faced significant ...

At constant currency, agricultural business sales in the Crop Science segment decreased 3.6 percent to 3.986 billion euros. Sales of glyphosate- ...

The Crop Science division is facing challenges, with sales expected to decline due to weather issues, commodity price softness, and generic ...

... science conglomerate reduced its full-year earnings target amid a tough agricultural market ... Bayer shares are falling 11% in German ...

... science division as agriculture companies face a tougher market amid falling crop prices. ... crop-science division called for sales to fall ...

... agricultural market environment,” he said. Crop Science sees slight uptick. Bayer's Crop Science division saw sales rise by 1.1% on a ...

By contrast, sales at Fungicides were down amid a soft market environment, falling 12.4 percent (Fx & portfolio adj.) as a result of lower ...

The likely accelerated sales decline of top-selling drug Xarelto and the gradual stabilization of glyphosate market prices combined with ...

... decline in sales of glyphosate-based products at the Crop Science Division. ... sales of cough and cold products increased significantly amid ...

... revenue attributed to conditions in key agricultural markets ... Bayer Crop Science Division Faces Sales Decline Amid Market Challenges.

Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall ... sales, earnings and debt reduction," said Manns.

Bayer saw a revenue ... Crop science sales fell by 24%, while pharma division revenues fell by 5% and consumer health posted a 2% decline.

A decline in Crop Science profitability, which is largely a function ... sales declines of the division for the next three quarters to come.

Logo of Bayer at its Headquarters of the crop science division, seen in front of Bayer and its employees are facing turbulent timesImage ...