Bayer Reports Unexpected Adjusted Profit Gain on Seed Demand
Bayer reported an unexpected gain in adjusted profit, lifting shares sharply after results as investors reassess liability uncertainty around Roundup. Farmers using dicamba sprays rely on Bayer-compatible seeds after an EPA ruling cleared dicamba uses, while recent Supreme Court action reduced thousands of cancer-linked lawsuits’ future exposure. Attention turns to potential structural and drug-development changes and debt repayment.