Bayer 3rd-qtr boosted by pharma; beats expectations

26 October 2016

Germany’s Bayer (BAYN: DE) reports this morning that third-quarter 2016 profit before interest, taxes, depreciation and amortization (EBITDA), adjusted for one-off items, rose 6% to 2.68 billion euros ($2.91 billion), exceeding the average estimate of 2.52 billion euros in a Reuters poll of analysts.

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