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Aug. 26, 2021 Source: Syngenta Group news release Syngenta Group's focus on helping farmers adapt to climate change and be part of the solution is creating growth opportunities *H1 Group sales at $14.4 billion (+$2.8 billion), +24 percent year-on-year *Q2 Group sales of $7.4 billion (+$1.6 billion), +28 percent year-on-year *H1 EBITDA at $2.7 billion, +22 percent year-on-year *Q2 EBITDA at $1.2 billion, +25 percent year-on-year First half performance shows strong demand from farmers for sustainable products and services Growth driven by Group's innovation in seeds and crop protection products that enable regenerative agricultural practices The Modern Agriculture Platform (MAP), which provides farmers with access to market-leading products and services, more than tripled sales year-on-year Syngenta biologicals sales, including Valagro, grew 27 percent in H1, strengthening the Group's leading position in this high growth segment Basel / Switzerland Syngenta Group today reported strong financial results for the second quarter and first half ended June 30, 2021. Group sales in second quarter were $7.4 billion, up 28 percent versus Q2 2020 (+25 percent at CER). EBITDA increased in the second quarter 25 percent (+38 percent at CER) to $1.2 billion. Group sales for the first half of 2021 were $14.4 billion, up 24 percent year-on-year (+18 percent at CER). EBITDA for the first half of the year was $2.7 billion, 22 percent higher year-on-year (+25 percent at CER). To read the entire report click here. Tweet |
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