Syngenta CEO Interviewed on New Strategy and 2010 ResultsBy Syngenta, PRNE
Tuesday, February 8, 2011
LONDON, February 9, 2011 - Syngenta, the world's largest agribusiness, says the decision to
integrate its Crop Protection and Seeds business would take the operations to
a "higher level of performance".
Earlier today in an interview with financial news website
www.cantos.com, Syngenta CEO Mike Mack said the first stages of the
integration would be complete by 2012.
"This is the culmination of plans that have been under way for three
years. Integration doesn't just mean people, it also means offers and I'm
looking forward to being able to take two really strong businesses to a
higher level of performance."
Meanwhile, the Swiss-based firm announced a 6% rise in its 2010 revenues
and said it was growing market share. Mike Mack highlighted a record amount
of free cash flow at $1.1 billion and a 30% increase to the dividend in US
"We expect that the positive volume momentum is going to continue into
the year, helped of course by continued growth in emerging markets," he said.
The interview and transcript are available now on
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Tags: February 9, London, Syngenta, United Kingdom