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5/10, 7:31 AM (Source: TeleTrader)
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Bayer-6.98%

53.28
Chart for: BAYER AG NA O.N.

Bayer Q1 sales jump 14.3% to €14.6B

German pharmaceutical company Bayer AG revealed its earnings report for the first quarter of 2022 on Tuesday, recording an increase of 14.3% in sales amounting to €14.6 billion.

The company noted a net income before taxes of €3.7 million for the first trimester of the fiscal year, after reporting a €490 loss in the same quarter the previous year.

Bayer AG reported its earnings per share grew by €3.35 in the first trimester of 2022, an increase of 57% when compared to figures from the same period last year. The company recorded a "significant increase" in sales as a result of substantial price and volume growth in all regions.

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