Bayer: Science For A Better Life
 
Special Interests
27-oct.-2011
After a good third quarter: Bayer Confirms Group Outlook
 
The Bayer Group achieved further sales growth and significantly increased earnings in the third quarter of 2011. "It was a good quarter for Bayer," Management Board Chairman Dr. Marijn Dekkers said Thursday at the presentation of the interim report. He described the continuing growth momentum in the emerging markets as a key success factor. "Another highlight was the substantial increase in earnings at Bayer HealthCare and CropScience," Dekkers added. At MaterialScience, on the other hand, earnings were diminished by higher energy and raw material costs. He also said Bayer made encouraging progress in research and development, citing positive news from the late-stage pharmaceutical pipeline. "Based on a good quarter, we can confirm the full-year forecast for the Bayer Group that we already raised in the spring," said Dekkers. The full story can be read here.