Thursday, April 26, 2007

UPDATE 2-Bayer Q1 profits beat expectations

(Reuters) - Earnings before interest, taxes and special items rose 17 percent to 1.4 billion euros in the quarter, from 1.2 billion euros in the same period a year earlier, leading the company's shares to rise in early trading.

A poll of 16 analysts by Reuters showed they expected Bayer, which plans to release more detailed results on May 8, to report earnings of 1.22 billion euros in the quarter on average.


Read more at Reuters.com Bonds News

No comments: