BAYZF - Bayer: Small Signs Of Improvement Are Not Enough
2024-05-15 22:45:35 ET
Summary
- Bayer reported solid first quarter results with slightly declining sales (but mostly due to currency headwinds).
- Anderson identified four major areas of improvement that management needs to work on at full speed in the next two or three years.
- And at least the process of reducing bureaucracy is promising, while debt levels are still high and litigations are still an unresolved issue.
My last article about Bayer AG ( BAYZF ) (BAYRY) was published only about two and a half months ago, but as this seems to be a turbulent (and interesting) time for Bayer, I will provide another update. Not only did Bayer report first quarter results on Tuesday, but about three weeks ago, Bayer also held its Annual Stockholder’s Meeting....
Bayer: Small Signs Of Improvement Are Not Enough