Bayer Posts its Best Annual Results, But Idles PC Plants

15:14 PM | March 9, 2009 | Natasha Alperowicz in Leverkusen

Bayer posted a 58% increase in fourth-quarter 2008 net profits, to €106 million ($135 million) on sales down 1.5%, to €7.9 billion. “Our corporate strategy is proving effective even in a difficult...