Last year was a very successful year for the Bayer Group, said Bayer CEO Dr Marijn Dekkers at a recent Financial News Conference “We continued to grow dynamically and achieved our targets for the Group. All the subgroups posted gains in sales and earnings before special items.”
The group also received the FORTUNE magazine accolade of one of the ‘World’s Most Admired Companies’ in its annual survey for top industry executives. Bayer increased its rank in 2013 to the number three ranking on the chemicals industry list, up from the number four ranking in 2012.
Sales of the Bayer Group reached the highest level in the company’s 150-year history, said Dekkers and while emerging markets were largely responsible for this success, the MaterialScience division, makers of optical disc polycarbonate, was able to slightly raise prices in all regions except Asia/Pacific.
While polycarbonates declined by 7.1 % due to lower selling prices that resulted primarily from new production capacities on the world market, volumes as a whole were level year on year. Dekkers expressed his confidence for the company’s future development: “We expect to continue our record development in 2013 and beyond.”