Bayer Raises FY Group Sales Outlook; Allocates Extra EUR 1.2 Bln For Glyphosate Litigation

rttnews
2025.08.01 03:36
portai
I'm PortAI, I can summarize articles.

Bayer AG has raised its full-year sales outlook to between 46 billion and 48 billion euros, up from 45 to 47 billion euros, following strong performance in its Pharmaceuticals division. The company allocated an additional 1.2 billion euros for glyphosate litigation, contributing to a total of 1.7 billion euros. Core earnings per share are now projected at 4.80 to 5.30 euros, an increase from the previous forecast. Bayer anticipates currency effects to reduce sales by around 2 billion euros and EBITDA by approximately 500 million euros. Detailed Q2 results will be published on August 6, 2025.