Syngenta results 2016 and the transaction with ChemChina

Syngenta results 2016 and the transaction with ChemChina

Syngenta

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Erik Fyrwald, CEO of Syngenta, said: “2017 will be a landmark year for Swiss Syngenta as we look forward to closing the transaction with ChemChina in the second quarter. Under the new ownership, we will continue to enhance our focus on execution in order to drive the business forward. We will remain committed to our global objective of profitably growing market share. In support of this objective, we will pursue our corporate goals of improving the customer experience, driving simplification and meeting our financial commitments. These commitments include improving our seeds performance, realizing further AOL savings, increased cash conversion and a return to growth.

“For the full year 2017, we expect low single digit growth in sales at constant exchange rates. We are targeting an improvement in the EBITDA margin and another year of strong free cash flow generation.”

www.syngenta.com


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