Syngenta Q3 sales beats forecast boosted by Latin America demand |
|
|
|
Published
:
Thu, 18 Oct 2007 06:10
|
ZURICH (Thomson Financial) - Syngenta posted forecast-beating third-quarter sales, boosted by demand from Latin America, while in Europe, exceptional disease pressure in crops led to increased fungicide sales in major markets.Group sales for the period reached 1.709 bln usd from 1.411 bln a year earlier, comfortably beating analysts' forecasted range of 1.411-1.585 bln usd, or 1.548 bln on average.In segments, crop protection sales reached 1.436 bln usd, from 1.203 bln a year earlier, above the forecast range of 1.203-1.341 bln usd, or 1.308 bln on average.Its seeds division posted sales at 283 mln usd, from 222 mln a year earlier, and above analysts' projections of 222-259 mln usd, or 243 mln on average.huimin.neo@thomson.comat/hmn/hjpCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|
Print this Story
SKF Q3 pretax rises on strong volumes, margins; below market expectations UPDATE 