Monsanto, Syngenta Increase Sales

Matt Hopkins Posted by Matt Hopkins|April 23, 2008

Monsanto reported that net earnings climbed 107% to US $1.1 billion thanks to its strong corn business, among other reasons. Sales increased by 45% to US $3.8 billion during the past quarter.

Syngenta, likewise, has had a sales boost during the first quarter. The company reported that, adjusted for exchange rate effects, turnover had increased by 20%. All business divisions had contributed towards the increase. Experts are expecting the upswing to continue for a long time due to strong demand and high prices.

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Hopkins is Senior Online Editor for the CropLife Media Group at Meister Media Worldwide. See all author stories here.

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