Bayer 3Q Net Sales EU10.19B; Est. EU9.97B

Bayer 3Q Net Sales EU10.19B; Est. EU9.97B

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

Bayer, a German pharmaceuticals and chemicals giant, reported strong financial results, surpassing estimates in several areas. The company achieved higher-than-expected earnings before interest, tax, depreciation, and amortization (EBITDA) and net sales for the third quarter. As a result, Bayer raised its full-year forecast. The company is shifting its focus more towards healthcare, moving away from chemicals. Notably, the blood thinner drug Xarelto saw significant sales growth, and the Merck acquisition contributed positively to sales and EBITDA. Overall, Bayer's performance led to an upgrade in full-year expectations.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Bayer's reported EBITDA for the third quarter, excluding various items?

€1.80 billion

€2.50 billion

€2.01 billion

€1.95 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Bayer's net sales for the third quarter compare to estimates?

They were not reported

They were below estimates

They matched the estimates

They exceeded the estimates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of Bayer's business shift?

From agriculture to chemicals

From pharmaceuticals to agriculture

From chemicals to healthcare

From healthcare to chemicals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the sales figure for Xarelto in the third quarter?

€750 million

€500 million

€407 million

€1 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the Merck acquisition contribute to Bayer's fourth quarter sales?

€100-150 million

€300-350 million

€200-250 million

€400-450 million