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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Bayer confirms outlook, acquires nutrition firm

November 12, 2012 | —Natasha Alperowicz

Bayer reported a 17.8% fall in third-quarter net income, to €528 million ($682.2 million) on sales 11.5% higher, at €9.67 billion. Ebitda before special items improved 2.2%, to €1.85 billion. Net income was down because of special charges, particularly for legal claims and restructuring. The company, meanwhile, confirmed earlier forecasts for the whole of 2012. Dekkers: Quarterly sales good all around. Condon: Safeguarding harvests is a major issue. “The upward trend in our life-science businesses, Bayer HealthCare and Bayer CropScience...

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