Syngenta reports 1H 08 results
By stlplace on Jul 24, 2008 in earning
Highlights
From its IR web site
Video
CEO interview (cantos, free registrastion required, look for Syngenta).
Forbes: Syngenta A Place to Plant Investment .
Also quote Bloomberg news here.
Syngenta AG, the world’s biggest maker of agricultural chemicals, reported a 25 percent increase in first-half profit and raised its earnings targets as record grain prices spurred farmers to buy more pesticides and seeds.
Net income rose to $1.52 billion, or $15.93 a share, from $1.22 billion, or $12.43, a year earlier, Basel, Switzerland- based Syngenta said in a statement today. Analysts in a survey predicted profit of $1.47 billion.
Sales gained 28 percent to $7.3 billion. The importance of the northern hemisphere’s growing season means the company tends to do two-thirds of its business in the first half.
