Second Quarter 2024 Results / Half-Year Financial Report

Bayer Q2 2024 Media Update

Modest Performance in Challenging Agricultural Market Environment – Group outlook confirmed

  • Group sales at 11.144 billion euros (Fx & portfolio adj. plus 3.1 percent)
  • EBITDA before special items declines to 2.111 billion euros (minus 16.5 percent), impacted by currency headwinds
  • Crop Science posts slight increase in sales and sharp fall in earnings
    Pharmaceuticals and Consumer
  • Health report higher sales (Fx & portfolio adj.) and lower earnings
  • Core earnings per share at 0.94 euros (minus 23.0 percent)
  • Net income at minus 34 million euros
  • Free cash flow at 1.273 billion euros
  • Good progress on strategic priorities – advances in innovation, especially in the Pharmaceuticals Division 

Strategy and Financial Update

Bayer CEO Bill Anderson shares an overview of where Bayer stands at the half-year mark – and what’s to come in the next 90 days.