Bayer Q3 agchem sales rise by 6%
Bayer CropScience's like-for-like crop protection sales rose by over 14% in the third quarter of 2013 compared with the same period last year. Before portfolio and currency adjustments, the business posted a sales increase of 6.4% to €1,504 million ($2,071 million at the current rate). Strong sales in Latin America boosted revenues for the three months. The crop protection business continued to enjoy "favourable market conditions", Bayer says. Seed sales plummeted by 30% in nominal and adjusted terms to just €68 million ($94 million).