English 
搜索
Hebei Lansheng Biotech Co., Ltd. ShangHai Yuelian Biotech Co., Ltd.

Bayer CropScience Q2 2010 revenues rise onqrcode

Aug. 4, 2010

Favorites Print
Forward
Aug. 4, 2010

Bayer CropScience Q2 2010 revenues rise on


Bayer’s second quarter of fiscal year 2010 revenues spiked 14.6% to approximately $12 billion, although its research and development expenses rose nearly as fast, increasing 12.7% to around $975 million over the year-ago period, according to a company financial report. Bayer noted increased demand in its primary customer industries.

The three major segments contributing to growth were Healthcare at approximately 47%; Material Science at around 29%; and Crop Science accounting for approximately 21% of total second quarter revenue. Material Science revenues increased the most, at 46.9% over the same period last year.

The Healthcare segment recorded increased revenues to $5.6 billion, 6.4% more than the $5.3 billion in the year-ago quarter, including a 4.3% growth in revenues from Pharmaceuticals.

Crop Science revenues increased 1.7% to approximately $2.5 billion during the quarter. Difficult weather conditions and a tough economy resulted in Crop Protection revenues sliding 1.3% to approximately $2 billion, partially balanced by a strong Environmental Science/BioScience segment increase of 16.7% to $375 million.
 

0/1200

More from AgroNewsChange

Hot Topic More

Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

0/1200

 

NEWSLETTER

Subscribe AgroNews Daily Alert to send news related to your mailbox