Syngenta Posts Drop In Net Profit


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Syngenta AG (NYSE: SYT) reported a decline in its net income for the full year.Syngenta's sales for the year gained 3% to $15.13 billion, versus analysts' estimates of $14.96 billion. Syngenta posted quarterly net income of $1.62 billion, down from $1.64 billion in 2013.In 2014, Syngenta's earnings before interest, tax, depreciation and amortization gained 1% to $2.93 billion, versus analysts' estimates of $2.86 billion.Syngenta announced its plans to lift its dividend by 10% to 11 francs per share.Syngenta shares gained 0.37% to close at $65.61 yesterday.

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Posted In: EarningsNewsprofit