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9 MONTHS: SYNGENTA'S SALES DOWN 5%, EARNINGS EVEN: $3.2 BILLION
Source: Syngenta news release

Basel, Switzerland and Shanghai, China -- Syngenta Group, the world's largest agricultural technology company by revenue1, reported its financial results for the first nine months and third quarter of 2026, delivering slightly higher EBITDA and improved margins despite lower sales, as the Group continued to execute its strategy of active portfolio management to focus on higher-margin businesses. The Group's strategic focus on innovation and AI leadership, together with disciplined cost management, continued to support margin growth.

Syngenta Group recorded sales of $17.3 billion for the first nine months of 2026, down 5% (-8% at CER). Excluding the planned reduction of grain trading business and certain other low-margin businesses, underlying Group sales grew 1% in the first nine months.

During the first nine months, Syngenta grew sales of newly introduced technologies and achieved above-average prices, while pricing pressure on off-patent products continued to affect the portfolio, particularly in Brazil and across all Latin America. The market continued to face pressure on farm incomes, generally leading to more cautious purchasing behavior. Unfavorable weather in some markets, especially the persistent drought in Europe where unusually hot and dry conditions prevailed, impacted demand for crop protection products.

EBITDA for the first nine months was $3.2 billion, up 1% year-on-year. The Group's EBITDA margin for the first nine months of 2026 improved to 18.4%, up 100 basis points compared to 17.4% in the same period last year, underscoring the deliberate shift toward higher-quality earnings.

Sales for the third quarter of 2026 were $5.2 billion, down 10% compared to the prior year (-12% at CER) due to the continued reduction of selected lower-margin business as well as delayed purchases impacting sales in some markets. Third quarter 2026 EBITDA was $0.8 billion, down 2% year on year, or 4% at constant exchange rates (CER).

During the first nine months of 2026 Syngenta Group continued to advance its innovation pipeline and digital capabilities, while applying strict portfolio and cost management to sustain profitable growth against a backdrop of macroeconomic and geopolitical volatility.

To read the entire report click here.


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