Bayer Profit Drops 35%, Launches Overhaul To Counter Generic Pressure
Bayer AG BAYRY reported on Tuesday that the first quarter of 2025 net profit was 1.3 billion euros (around 14.45 billion (13.74 billion euros), beating the consensus of $13.39 billion.EBITDA before restructuring and litigation charges fell 7% year-on-year to 4 billion euros in the first quarter.Earnings were held back by the business performance in the Cro ...