Business

Bayer Reports Slight Dip in Q4 Sales to €11.7 Billion Amid Challenging Year

Bayer's Financial Performance in Q4 and Full-Year 2024

Bayer AG disclosed its financial outcomes for the fourth quarter and the full year of 2024, revealing a 1% decrease in Q4 sales to €11.7 billion and a 2.2% drop in annual sales to €46.6 billion. Despite these challenges, the company saw an improvement in net income for the quarter, reporting €1.3 billion or €1.36 per share, against a backdrop of a net loss for the fiscal year amounting to €2.9 billion or €2.99 per share.

Looking Ahead: Bayer's Forecast for 2025

Looking forward, Bayer anticipates its net sales for 2025 to range between €45 and €47 billion. However, the company cautions about potential disruptions due to geopolitical uncertainties, including tariffs and foreign exchange fluctuations, which could impact its financial performance.

Strategic Focus Amid Challenges

The year 2024 proved to be a tough period for Bayer, characterized by volatile market dynamics. The Supervisory Board concentrated on strategic realignment and addressing critical issues such as ongoing litigations in the United States, the company's high leverage ratio, and the advancement of its pharmaceutical pipeline. These efforts underscore Bayer's commitment to navigating through its challenges and positioning itself for future growth.