Bayer's Q1 Profit Surpasses Expectations Due to Strong Crop Science Performance

Bayer, the chemical giant, reported first-quarter profits that exceeded expectations, primarily driven by the robust performance of its Crop Science division. According to Jin10, Bayer announced on Tuesday that its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to 4.45 billion euros (approximately $5.2 billion). This figure surpassed the widely anticipated 3.9 billion euros. The company confirmed its full-year outlook, adjusted for currency effects.