This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Syngenta First Quarter 2013 Sales $4.6 Billion

BASEL, Switzerland, April 18, 2013 /PRNewswire/ --

  • Integrated regional sales up 8 percent at constant exchange rates
  • Continuing momentum, growth across all regions
  • High grower profitability supporting ongoing technology adoption

In the first quarter of 2013 integrated sales increased by 8 percent at constant exchange rates, with volumes up 6 percent and prices 2 percent higher. Group sales including Lawn and Garden were up by 7 percent: excluding the impact of acquisitions and divestments in Lawn and Garden, group sales were up 8 percent. Reported sales were 6 percent higher at $4.6 billion.

Integrated regional sales

In Europe, Africa and the  Middle East sales were up 10 percent, driven in particular by the CIS, with further expansion of the product portfolio and higher acreage expectations for spring crops. Growth was also strong in South East Europe and in France, where new fungicide launches and corn and cereal herbicides played a key role. Sales in Italy and in some northern European countries were lower owing to cold wet weather which has delayed the start to the season. North America saw continuing strong growth in crop protection with sales up 14 percent despite a prolonged winter. Significant contributions came from the corn herbicide CALLISTO ® and from VIBRANCE ® seed care, which has recently been launched and achieved sales of more than $50 million in the quarter.

Latin America completed a strong season driven by Brazil, where fungicide sales were up by more than 30 percent and sales of insecticides also grew significantly owing to increased insect pressure in soybean and cotton. Crop protection sales for sugar cane expanded as technology adoption continues. In Asia Pacific , growth was concentrated in the emerging markets of ASEAN, more than offsetting another difficult season due to weather in Australasia. Seeds continued their growth trajectory led by corn, with strong demand for treated hybrids.

Product line sales

1 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs