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Bayer AG | Ad-hoc from July 31, 2025

$BAYN (+3,67 %)


📈 Increase in forecast 2025 (currency-adjusted)

- Sales: now €46-48 billion (previously €45-47 billion)

- EBITDA pre exceptionals: €9.7-10.2 billion (previously €9.5-10.0 billion)

- Earnings per share (EPS, adjusted): €4.80-5.30 (previously €4.50-5.00)

- Free cash flow / debt: unchanged


📊 Divisions - Outlook

- Pharmaceuticals: Sales growth 0-3% (previously -4% to -1%), margin 24-26%

- Crop Science: Forecast confirmed

- Consumer Health: Growth at the lower end of +2-5%, margin 23-24


⚖️ US legal disputes

- Provisions by €1.7 billion increased

- Of which €1.2 billion for glyphosate

- €530 million for PCB cases (including SVEC, Seattle)

- Glyphosate lawsuits reduced to 61.000

- Goal: significant defusing of the US disputes by end of 2026


📆 Q2 figures (preliminary)

- Turnover: €10.7 billion

- EBITDA pre exceptionals: €2.1 billion

- Adjusted EPS: €1,23

- Free cash flow: €0.1 billion

- Net financial debt: €33.3 billion

- Special items in EBIT: -€1.0 billion


🔜 Final Q2 results: August 6, 2025

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