IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

Strong Crop-Protection Markets Boost Syngenta's Third-Quarter Sales

8:36 AM MDT | October 14, 2011 | Ian Young

Syngenta posted a 21% increase in sales for the third quarter of 2011 compared with the same period of last year, to $2.7 billion. Third-quarter sales by the company's crop protection business rose 23% year on year, to $2.2 billion and sales by its seeds business grew 13%, to $500 million. Revenues grew across most product lines and regions. Volumes increased 13%, the sixth consecutive quarter of double-digit volume growth, and prices rose 3%. Earnings were not disclosed. Higher revenues partly reflect measures taken by Syngenta to improve its performance...

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