• Strategy
Second Quarter 2026 Results / Half-Year Financial Report

Bayer Q2 2026 Media Update

Bayer operationally on track, decisive progress on strategic priorities 

  • Group sales increase 2.2 percent (Fx & portfolio adj.) to 10.872 billion euros
  • EBITDA before special items rises 1.9 percent to 2.144 billion euros
  • EBITDA before special items rises 1.9 percent to 2.144 billion euros
  • Pharmaceuticals sales at prior-year level, earnings down
  • Consumer Health registers slightly higher sales and lower earnings
  • Core earnings per share at 0.95 euros, 16.7 percent below prior year
  • Net income improves to 219 million euros
  • Free cash flow declines to minus 371 million euros, partly due to settlement payments
  • Net financial debt at 33.647 billion euros
  • Currency-adjusted Group outlook confirmed, with net financial debt to be lower than originally projected
  • Company focused on advancing its strategic priorities 

Strategy and Financial Update

Bayer CEO Bill Anderson shares an overview of where Bayer stands at the half-year mark – in 90 seconds. 

Speakers

Judith Hartmann

CFO of Bayer AG

Bill Anderson

CEO of Bayer AG