Corporate News

Bayer Group Cuts FY23 Outlook

Bayer Group cut its fiscal year 2023 outlook, mainly due to a significant further decline in sales of glyphosate-based products.

For full-year 2023, Bayer now anticipates sales to be between 48.5 billion euros and 49.5 billion euros on a currency-adjusted basis, i.e. based on the average monthly exchange rates in 2022. Previously, it expected sales of 51 billion euros to 52 billion euros.

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by RTTNews Staff Writer

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