HALISTER: Bayer 2Q Ebitda Ex-Items Beats Estimates; Raises 2016 Outlook

Bayer 2Q Ebitda Ex-Items Beats Estimates; Raises 2016 Outlook

(Bloomberg) -- Bayer 2Q sales EU11.8b, est. EU12.1b.
  • 2Q Ebitda before special items EU3.05b, est. EU2.96b
  • 2Q core EPS from continuing operations EU2.07, est. EU2.03
  • Says confidence for the full year 2016, raises 2016 outook:
    • Bayer now plans to increase Ebitda before special items by a high-single-digit (previously: mid-single-digit) percentage
    • Now aims to increase core EPS from continuing operations by a mid-to-high-single-digit percentage (previously: a mid-single-digit percentage)
  • Investor call at ~2pm CET
  • Preview
  • Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BAYN GR (Bayer AG)

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