Bayer finished the III quarter with net loss in 4,57 billion euro

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The German chemical and pharmaceutical concern Bayer Pharma AG in the third quarter received essential net loss and lowered revenue, but confirmed the annual forecast. As it is reported in the press release of companies, net loss in July-September made 4,57 billion euro against 546 million euros profit for the similar period of previous year. The indicator reflects a net single spendings of 4,3 billion euro which main part is connected with losses from depreciation in agricultural business (Crop Science) because of interest rates. The corrected profit before payment of percent and taxes, and also without taking into account...
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Bill Anderson
Last position: Member of Chamber of delegates (General Assembly of Commonwealth State of Virginia)
Bayer AG
Main activity:Chemical production
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