Syngenta Group records strong first half year performance

Syngenta Crop Protection, ADAMA, Syngenta Seeds and Syngenta Group China have increased their sales volume in comparison to the previous year.

source-public domain

source-public domain

 
According to Syngenta Group's first half year results, it has increased sales by 2 percent to more than $12 billion compared to the same period last year. 
 
All four business units, Syngenta Crop Protection, ADAMA, Syngenta Seeds and Syngenta Group China have increased their sales volume in comparison to the previous year. 
 
Syngenta Group managed the impacts of COVID-19 well in the first half of 2020, maintaining supply throughout despite challenging market conditions and the need to come up with innovative solutions to overcome logistical difficulties. 
 
Erik Fyrwald, Syngenta Group CEO has said that he is pleased that the team delivered strong performance across all of Syngenta Group’s business units despite the COVID-19 pandemic, low grain prices and significant currency headwind.
 
Chen Lichtenstein, Syngenta Group CFO added that the Group achieved a robust first half with strong sales performance supported by cost discipline.
 
Though continued impacts of the COVID-19 pandemic create more uncertainty, the company remains committed to achieving underlying growth and leadership in sustainable agricultural innovation.
 
 

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