financetom
Business
financetom
/
Business
/
Corteva raises annual profit forecast after strong first-half performance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corteva raises annual profit forecast after strong first-half performance
Aug 6, 2025 2:02 PM

Aug 6 (Reuters) - U.S. agrichemicals company Corteva ( CTVA )

raised its annual adjusted profit forecast on

Wednesday, following strong performance in the first half of the

year.

Reuters had reported in May that U.S. farmers have hit very

few snags with corn planting this spring, and the foreseeable

future is barrier-free.

Corteva's ( CTVA ) net sales rose 5.6% to $6.46 billion during the

second quarter, driven by higher sales in all its regions.

The company is among the largest crop-protection product

makers in the United States, competing with the likes of

Syngenta and German firms BASF and Bayer

in the agricultural chemicals sector.

The company raised its forecast for full-year adjusted

earnings to be between $3.00 to $3.20 per share, from a prior

view of $2.70 to $2.95 per share.

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