Bayer sees 2023 results at lower end of range as weedkiller prices drop
FRANKFURT (Reuters) – German diversified group Bayer said its 2023 results would likely come in at the lower bound of its target range, hurt by cost inflation and the reversal of last year’s price boost for its glyphosate-based weedkillers. “Overall, we expect target attainment to come in at the lower end of our guidance,” CEO Werner Baumann, who will be succeeded by former Roche executive Bill Anderson in June, said […]