LONDON, July 24 /PRNewswire-FirstCall/ -- World-leading agri business
Syngenta has pointed to strong levels of global demand for its products as it
unveiled financial results for the first half of 2009.
The company, based in Basel, Switzerland, has announced reported sales
and profits down from its record performance in 2008 but stressed that this
underlying performance was 'resilient' given the economic conditions.
Sounding an optimistic note, CEO Mike Mack predicted a strong second half
and pointed to a product pipeline worth up to $4 bn.
He told financial broadcaster Cantos: 'The fundamentals for this business
remain solidly intact. Population growth, the demand for [the production of]
additional food and feed over the next 20 or 30 years and to do so in a
sustainable way, means that companies like Syngenta are going to have to
bring technology to growers to be able to provide what this planet is going
to need.'
The interview and transcript are available now on
http://w3.cantos.com/syngenta.
It's free to view. All you need to do is register at
http://www.cantos.com. Cantos.com, the online financial broadcaster, features
in-depth interviews, documentaries and webcasts with senior company
executives. If you would like to contact us, please email
enquiries@cantos.com or phone +44(0)207-936-1333.
SOURCE Syngenta