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Syngenta's Net Income and Sales Rise, Benefiting from Integration
12:56 PM MST | February 8, 2012 | Natasha Alperowicz
Syngenta today reported a 14% increase in 2011 net income to $1.6 billion on sales also up 14% at $13.3 billion. Sales of crop protection products were 14% higher at $10.2 billion and seeds also registered a 14% growth to $3.2 billion. Earnings per share increased 18% to $19.36. Ebitda was 16% higher at $2.9 billion and Ebitda margin was also up at 21.9% compared with 21.5% in 2010. The board will propose an increase in the dividend to SF8.00/share from SF7.00 in 2010. Syngenta does not disclose full fourth-quarter results but said that crop protection...
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