Bayer raises profit, sales forecast on currency tailwind

April 30, 2015 5:57 AM

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Sales are now seen at roughly 48-49 billion euros ($53-$54 billion), up from a previous goal of about 46 billion euro, with currency effects giving a boost of about 9 percent, up from 3 percent it had previously expected .

Bayer is now banking on 2015 adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to grow by "a high-teens percentage", where it had previously seen a "low- to mid-teens percentage" increase.

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