Syngenta reports first half fall in profits
date:Jul 26, 2013
Syngenta AG reported a decline in first-half profit after cold weather and late Northern hemisphere crop planting weighed on demand for fungicides. Net income fell 5 percent to $1.41 billion, compared with an estimated $1.49 billion, based on the average of six analyst predictions collected by Bloomberg. Sales rose 2 percent to $8.4 billion. Excluding royalties for its 604 corn rootworm trait worth $256 million, booked in the year-earlier period, sales rose 7 percent.

For the second half of th
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