Third Quarter 2024 Results

Bayer Q3 2024 Media Update

Strategic progress in challenging business environment – Group outlook confirmed in nearly all parameters 

  • Group sales at 9.968 billion euros (Fx & portfolio adj. plus 0.6 percent)
  • EBITDA before special items at 1.251 billion euros (minus 25.8 percent)
  • Core earnings per share at 0.24 euros (minus 36.8 percent)
  • Net income at minus 4.183 billion euros, impairment losses at Crop Science
  • Free cash flow at 1.148 billion euros
  • 2024 Group outlook confirmed for sales growth (Fx & portfolio adj.), core earnings per share and free cash flow – reduced market dynamics in agricultural business, lower growth expected for consumer health market, Pharmaceuticals at higher end of guidance
  • 2025: Regulatory challenges and generic price pressure in crop protection business, new products to mitigate patent loss impact in Pharmaceuticals, robust growth expected at Consumer Health
  • Successful advancements in bolstering the Pharmaceuticals pipeline and leveraging the new operating model
  • Bill Anderson: “We're tackling challenges head on and making progress on our strategic priorities” 

Strategy and Financial Update

Bayer CEO Bill Anderson provides an update on the quarterly figures and our progress - in 90 seconds!