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Bayer cuts FY operating revenues overview on weak farming markets


FRANKFURT (Reuters) – Bayer on Tuesday decreased its full-year operating revenues assistance, mentioning weak farming markets in Latin America.

The German team claimed it currently anticipates to create revenues prior to passion, tax obligations, devaluation and amortisation (EBITDA), changed for unique things and the influence of money swings, of in between 10.4 billion euros ($ 11.1 billion) and 10.7 billion euros, below a previous projection of 10.7-11.3 billion euros.

($ 1 = 0.9401 euros)

(Reporting by Ludwig Burger, Editing by Rachel More)



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