Bayer Group Q2 2014 EBITDA and sales show orowth

摘要

Leverkusen, Germany — Bayer Group sales reached ?10.4bn in Q2 2014-a rise of 9% on Q2, 2013 The company's EBITDA (earnings before interest tax and deprecation) was reported at ?2.2bn-a 1% increase on the same quarter in 2013. In the company's MaterialScience division, polymers sales reached ?2.8bn — a similar level to Q2, 2013 the company said, however, adjusting sales figures for currency and portfolio effects showed a rise of 3.6o/o, it added. Management board chairman Marijn Dekkers said: "This growth was due to significantly higher volumes for polycarbonates; polyu-rethanes and coatings, adhesives and specialties.