Category: Bayer
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Bayer faces investors’ impatience ahead of fourth-quarter results
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Written by Patricia Weiss Frankfurt (Reuters) -CEO of Bayer faces increased investor pressure to achieve transformation efforts and reflect the expected decrease in profits this year, as the group is preparing to issue quarterly results on Wednesday. CEO Bill Anderson in the middle of reducing administrative jobs, which speeds up…
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Bayer AG Non-GAAP EPS of €0.94, revenue of €11.14B; reaffirms FY24 outlook
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Bayer AG press release (OTCPK:BAYZF): Q2 non-GAAP EPS of €0.94. Revenue of €11.14 billion (+0.9% year-on-year). EBITDA before special items decreased to €2.1 billion (-16.5%), impacted by adverse currency movements. Free cash flow is €1.3 billion. Net operating cash flow in Q2 2024 amounted to EUR 2,410 million (Q2 2023:…