Syngenta aims $ 17 billion sales in 2015, up from $ 8.4 billion

Syngenta aims for $ 17 billion sales in 2015, up from $ 8.4 billion

1:56 PM, 22nd June 2011
Syngenta aims for $ 17 billion sales in 2015, up from $ 8.4 billion
Michael Mack, Chief Executive Officer, Syngenta.

  • Integrated strategy to drive market share growth
  • Sales of key crops expected to more than double to surpass $17 billion
  • Sales growth in second quarter 2011 robust

 

BASEL, SWITZERLAND: At the 2011, Capital Markets Day at the Syngenta Jealott’s Hill Research Centre, UK, senior executives will explain the significant value creation potential of the company’s new integrated strategy. Executives will outline how the company targets market share gains driven by a fully integrated commercial and R&D organization with a global crop focus. The day will highlight the breadth of the company’s technologies across all the world’s major crops: cereals, corn, oilseeds, rice, soybean, sugar cane and vegetables.

“Since we announced our new strategy in February, we have made major progress in its implementation. Today we are sharing the value creation potential of that strategy,” said Michael Mack, Chief Executive Officer, Syngenta.

“Syngenta is focused upon the discovery and development of integrated solutions which go beyond the single product paradigm. Our confidence in the future growth potential of our business is underpinned by an innovation pipeline which will increase sales of key crops to over $ 17 billion post 2015, compared with $ 8.4 billion today,” said Mack.

“This, combined with our integrated business model, will enable us to grow faster than the global market and deliver superior returns to our shareholders. In addition, the resilience of our sales in the second quarter, despite adverse weather conditions, demonstrates the strength of the current portfolio upon which we are building our new strategy,” added Mack.

© WOC News

 

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