Thursday, October 26, 2017

Bayer AG Third Quarter 2017 Results
and News Conference Call

Third quarter of 2017:

Bayer: Sales and earnings increased

  • Covestro deconsolidated
  • Group sales grow by 1.2 percent (Fx & portfolio adj.) to EUR 8,025 million
  • EBITDA before special items up by 4.1 percent to EUR 2,204 million
  • Sales and earnings growth at Pharmaceuticals
  • Consumer Health business weak, as expected
  • Sales gains at Crop Science and Animal Health
  • Net income of EUR 3,881 million including Covestro book profit
  • Core earnings per share at EUR 1.47 (minus 3.9 percent)
  • Group outlook for 2017 confirmed based on change in structure » more

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