financetom
Business
financetom
/
Business
/
Bayer cuts FY operating earnings outlook on weak agriculture markets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bayer cuts FY operating earnings outlook on weak agriculture markets
Nov 11, 2024 11:11 PM

FRANKFURT, Nov 12 (Reuters) - Bayer on

Tuesday lowered its full-year operating earnings guidance,

citing weaker agricultural markets in Latin America.

The German group said it now expects to generate earnings

before interest, taxes, depreciation and amortisation (EBITDA),

adjusted for special items and the impact of currency swings, of

between 10.4 billion euros ($11.1 billion) and 10.7 billion

euros, down from a previous forecast of 10.7-11.3 billion euros.

($1 = 0.9401 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved