Syngenta Half Year Results 2010

Interview with Mike Mack

ZURICH, July 22, 2010 - World-leading agri business Syngenta has blamed pricing pressure and
destocking for a drop in revenues and net income as it released its financial
results for the first half of 2010.

The company, based in Basel, Switzerland, has however pointed to strong
volume growth in Q2 and a rich pipeline of new products as it sounded a
confident note for the future.

CEO Mike Mack predicted that full year operating income would be in line
with that of 2009 and added: "A lot of that de-stocking is now hopefully
behind us but, nevertheless, underneath that the overall demand for our
products remains very strong, particular in the second quarter. And we find
ourselves now, the first half, with the volumes up, prices down but,
otherwise, good demand."

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