Lates News

Chemical giant Bayer's first quarter profit exceeded expectations, thanks in large part to strong performance in its crop science division. Bayer announced on Tuesday that its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the first quarter increased to 4.45 billion euros (approximately 5.2 billion dollars), surpassing the widespread expectation of 3.9 billion euros. The company also confirmed its full-year performance outlook after adjusting for exchange rates.