Bayer says Q3 net profit leapt by 41% to 747 mln euros

28th July 2011, Comments 0 comments

German chemical and pharmaceutical group Bayer said Thursday that its second quarter net profit jumped by an annualised 41 percent to 747 million euros ($1.1 billion), exceeding analyst expectations.

Bayer maintained its full year forecast for sales of between 36-37 billion euros and core earnings before interest, taxes, depreciation and amortization (EBITDA) and special items of more than 7.5 billion euros.

© 2011 AFP

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