Bayer posts 63.1 percent increase in first quarter profit

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The German chemical company Bayer reported on Thursay a 63.1 percent increase in first quarter profit to 693 million euros (913.8 million dollars).

The result was nonetheless lower than expected by analysts polled by Dow Jones Newswires, who had pencilled in a profit of 710 million euros.


© 2010 AFP

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