Bayer Turns Corner,Rebrands;Overtakes Syngenta in Agchems

摘要

Bayer says it had a successful 2004,and that it expects "considerable growth in sales and earnings" this year.The company is targeting a 20% improvement in earnings before interest and taxes (Ebit) from continuing operations,before special items,which in 2004 increased 53%,to euro2.24 billion (us3 billion) (CW,March 9,p.7).Sales from continuing businesses are expected to rise more than 5%,to euro 25 billion,said Bayer chairman Werner Wenning when presenting the 2004 results last week in Leverkusen.