IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Syngenta's first-half growth held back by North America; outlook confirmed

July 23, 2014 | Natasha Alperowicz

Syngenta’s net income including restructuring and impairment was $1.4 billion, 1% lower in the first six months of this year, on sales up 1%, to $8.5 billion, the company announced today. Earnings per share, excluding restructuring and impairment, were 2% lower, at $15.60. The late start to North American season reduced crop protection use, but the company grew strongly in all other regions with price increases across the business. Ebitda was 3% lower in reported terms but increased by 6% at constant exchange rates. The Ebitda margin was 26.6% compared with...

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