Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Bayer    BAYN   DE000BAY0017

Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 05/24 05:35:26 pm
101.96 EUR   -0.76%
05/24EXCLUSIVE - U.S : sources
05/23BAYER : Shardul Amarchand Mangaldas Advises Monsanto on Securing CCI..
05/22BAYER : Indian regulator clears Bayer's deal for Monsanto
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Bayer AG : Expansion of germplasm-pool for wheat:

share with twitter share with LinkedIn share with facebook
share via e-mail
10/14/2011 | 11:30am CEST
Bayer CropScience acquires access to wheat germplasm from leading Romanian agricultural research institution
Monheim, October 14, 2011 – Bayer CropScience and the National Agricultural Research and Development Institute (NARDI) in Fundulea/Romania have signed a license agreement. With this agreement, Bayer gains access to winter wheat germplasm of NARDI, the leading Romanian agricultural research institution. Its germplasm pool is renowned world-wide for its winter hardiness, high tolerance against drought, broad disease resistance and good milling and baking quality. Financial details were not disclosed.
“Improving the productivity of wheat cropping will be critical to achieving global food security. Our customers have turned to us to find new ways to help them, we have listened and are building a world-class research platform for wheat genetics. Our agreement with NARDI is another key building block in this strategy“, said Hartmut van Lengerich, Head of Cereals and Fungicides at Bayer CropScience. “To speed up development of new varieties, we have already entered into collaborations with the best partners in wheat research and breeding, reaching from Australia to Israel, France and Ukraine to the United States – and now Romania.”
“Producing enough wheat to feed the world is an immense challenge and anyone willing to invest in the effort to meet this challenge is welcome”, said Marian Verzea, General Director of NARDI. “NARDI is proud that the wheat germplasm developed by its breeding program will be used to speed up genetic progress in breeding better wheat cultivars for other parts of the world, too.”
Key figures about wheat:
With about 25 percent of the global agricultural land under wheat cultivation, it is the largest cereal crop in terms of acreage and one of the world’s most important staple foods. Wheat is the second most-produced cereal crop after corn with more than 650 million tons produced every year. Wheat productivity is increasing at less than 1 percent annually, while the annual global demand is growing at approximately double that percentage. Main wheat producing regions are Australia, the Black Sea Region, China, the EU, India and North America.
About Bayer CropScience
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Bayer CropScience, a subgroup of Bayer AG with annual sales of EUR 6.830 billion (2010), is one of the world’s leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and traits. The company offers an outstanding range of products and extensive service backup for modern, sustainable agriculture and for non-agricultural applications. Bayer CropScience has a global workforce of 20,700 and is represented in more than 120 countries. This and further news is available at: www.press.bayercropscience.com.
NARDI Fundulea is recognized as the main agricultural research unit in Romania, due to the results obtained in breeding and crop management research & development regarding cereals, industrial and forage crops. Results of wheat breeding have a special place in NARDI’s research portfolio. NARDI’s twenty nine common wheat cultivars released since 1957 have had the largest share of the Romanian wheat seed market for more than 30 years, while nine NARDI wheat cultivars have been released in other countries, such as Canada, Argentina, Hungary, Turkey. Further information is available at: www.incda-fundulea.ro
Find more information at www.bayercropscience.com.
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on BAYER
05/23BAYER : Monsanto deal gets approval of Competition Commission of India
05/23BAYER : SAM advises Monsanto on securing CCI approval Bayer AG
05/23BAYER : Shardul Amarchand Mangaldas Advises Monsanto on Securing CCI Approval Re..
05/22BAYER : CCI approves USD 66 billion Bayer-Monsanto deal
05/22BAYER : Indian regulator clears Bayer's deal for Monsanto
05/22BAYER : launches online training in good agricultural practices
05/22Robots fight weeds in challenge to agrochemical giants
05/20SYNGENTA : Rallies held against Monsanto-Bayer agrochemical merger in several co..
05/17FINDINGS FROM BAYER PROVIDES NEW DAT : Synthesis and in vitro Evaluation of N-Fu..
More news
News from SeekingAlpha
05/22Indian regulator approves Bayer's takeover of Monsanto 
05/19Spotlight On Gambling Reset And Banking Bill 
05/18MeiraGTx Aims For $86 Million U.S. IPO 
05/16THE ONGOING LOXO THESIS, PART 2 : The Journey Doesn't End With Larotrectinib 
Financials (€)
Sales 2018 35 003 M
EBIT 2018 7 264 M
Net income 2018 5 121 M
Debt 2018 8 440 M
Yield 2018 2,76%
P/E ratio 2018 18,09
P/E ratio 2019 16,43
EV / Sales 2018 2,76x
EV / Sales 2019 2,48x
Capitalization 88 146 M
Duration : Period :
Bayer Technical Analysis Chart | BAYN | DE000BAY0017 | 4-Traders
Technical analysis trends BAYER
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 117 €
Spread / Average Target 14%
EPS Revisions
Werner Baumann Chairman-Management Board
Werner Wenning Chairman-Supervisory Board
Johannes M. Dietsch Chief Financial Officer
Katharina Jansen Head-Science & Research
Hartmut Klusik Head-Human Resources, Technology & Sustainability
Sector and Competitors
1st jan.Capitalization (M$)
BAYER0.35%103 136
JOHNSON & JOHNSON-11.45%331 111
PFIZER-1.16%210 409
NOVARTIS-6.94%200 805
ROCHE HOLDING LTD.-9.17%191 486