Syngenta Expects Revenue to Double
18 July 2011 Syngenta executives expect soaring demand for seeds and pesticides will double its revenue by 2015, according to MarketWatch.
The company is currently restructuring its seed and crop protection divisions and launching a new seed product that protects root systems from damage.
“Our confidence in the future growth potential of our business is underpinned by an innovation pipeline which will increase sales of key crops to over $17 billion [after] 2015 from $8.4 billion today”, said chief executive Mike Mack in the article.
The industry as a whole is estimated to grow $223 billion in 2015 from $134 billion in 2010, according to the article.
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