HALISTER: Bayer 4Q Ebitda Ex-Items Misses; Sees Growth in Sales, Earnings

Bayer 4Q Ebitda Ex-Items Misses; Sees Growth in Sales, Earnings

(Bloomberg) -- Bayer 4Q Ebitda before special items EU1.9b, est. EU2.04b.
  • 4Q sales EU11.3b, est. EU11.3b
  • 4Q core EPS EU1.07, est. EU1.26
  • Sees further growth in sales and earnings this year
  • 2016 outlook for Bayer group including Covestro:
    • Sales of more than EU47b, corresponding to low-single- digit percentage increase on a currency and portfolio adjusted basis
    • Ebitda before special items up by a mid-single-digit percentage
    • Forecast based on new orgnizational structure introduced with effect from Jan. 1, assumes full-yr inclusion of Covestro business
  • NOTE 2015 outlook: sees full-yr sales of of ~EU46b; expects to raise Ebitda before special items, core EPS by high-teens percentage
  • NOTE yday: Bayer said Werner Baumann to succeed CEO Dekkers
  • NOTE yday: Bayer proposes Dividend of EU2.50/Shr, missing BDVD forecast
  • Preview
  • News conference call at ~10am CET, investor call at ~2pm
  • Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BAYN GR (Bayer AG)

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