Agrochemicals company Syngenta posts big drop in Q1 sales, earnings [Reuters]
Corteva, Inc. (CTVA)
Last corteva, inc. earnings: 1/30 06:00 am
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Source: Reuters
company said on Monday, just a few weeks after the Swiss company its plans for a $10 billion flotation. Sales fell 20% to $7.4 billion, Syngenta said, while core operating profit (EBITDA) declined by 34% to $1.2 billion, as farmers continued to run down their supplies rather than buying new seeds and sprays. Report this ad Higher interest rates were causing destocking by retailers and distributors, Syngenta said, with the crop protection business hardest hit with sales down 20%. The seeds business meanwhile reported sales down 8%, said the Chinese-owned company that competes with U.S. company Corteva , as well as Germany's BASF and Bayer Syngenta in March withdrew its bid for a multi-billion dollar listing on the Shanghai Stock Exchange amid a period of weakness in the Chinese equity market. The initial public offering (IPO), which would have valued the Sinochem owned company at as much as $60 billion, has been postponed repeatedly since being proposed in 2021 due to unfav
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News
- Arcadia Biosciences (RKDA) Announces Sale of Resistant Starch Durum Wheat Trait to Corteva Agriscience (CTVA) [Yahoo! Finance]Yahoo! Finance
- Corteva to Participate in the 2024 BMO Farm to Market Chemicals Conference [Yahoo! Finance]Yahoo! Finance
- Corteva to Participate in the 2024 BMO Farm to Market Chemicals ConferencePR Newswire
- Global Crop Protection Chemicals Market Review 2022-2023 with Forecasts to 2030 by Type, Form, Source, Application Technique, Crop Type and Region [Yahoo! Finance]Yahoo! Finance
- Plant Growth Regulators Market to Reach $5.41 Billion by 2031 - Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
CTVA
Earnings
- 5/1/24 - Beat
CTVA
Sec Filings
- 5/14/24 - Form 144
- 5/13/24 - Form 4
- 5/9/24 - Form 144
- CTVA's page on the SEC website