Bayer shares jump as overall sales rise

27 February 2019

Shares in German life sciences company Bayer (BAYN: DE) were up by 4% after four hours of trading on Wednesday, when the firm’s financial results for the fourth quarter andfull year 2018 as a whole were announced.

Group sales at currency-adjusted rates rose by 4.5% to 39.59 billion euros ($45.1 billion) for the full year, and there was a 2.8% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to 9.5 billion euros, before special items.

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