Friday, October 17, 2014

Syngenta's sales grow 2% in the third quarter to $ 3 billion

The multinational Syngenta Switzerland reported that it had in the quarter ended Sept. 30 — third quarter of 2014 — a recipe for $ 3 billion, 2% above obtained in equal quarter of 2013. The Latin America accounted for 42% of this total, with sales of $ 1,271 billion. As a general rule, the marketing of pesticides has boosted the business of multi, while seed sales retreated.
In the nine months of the year, the company's total revenue growth was 3%, to $ 11.5 billion, of which 22% ($ 2,540 billion) from Latin America.
According to statement released by the company, if excluded segments of "grams and garden", "integrated" revenue reached $ 2,829 billion in the quarter, 2.46% above retrieved from the same quarter last year. From January to September 2014, sales reached $ 10,973 billion, an increase of 4%.
Segment sales of pesticides (crop protection) grew 3%, to $ 2,372 billion in the quarter. In the nine months of the year, this Division recorded sales of $ 8,583 billion, also 3% above the same period last year.
Already the seed segment had fallen 1%, to $ 473 million, in sales for the quarter. In the nine months of the year, this business had sales 4% lower, to $ 2,439 billion.
Valor Economico
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