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Syngenta reports 9 percent rise in 1st-quarter sales

Syngenta reports 9 percent rise in 1st-quarter sales

Agrochemicals producer Syngenta AG posted a 9 percent increase in first-quarter revenues Wednesday, saying sales increased across all product lines.
The Swiss company, which reports profit figures only for the half year and full year, said turnover reached US$2.96 billion (euro2.18 billion).
Syngenta's crop protection lines recorded US$2 billion (euro1.5 billion) in revenue, while seed sales role 11 percent to US$940 million (euro690.92 million) from US$846 million in the same quarter last year.
The company said it continued to target a 10 percent or greater increase in earnings per share for the full year.
Syngenta shares fell 1.9 percent to 236.90 Swiss francs (US$194.80; euro143.18) on the Zurich exchange.


Updated : 2021-06-25 15:04 GMT+08:00