FRANKFURT, Nov 12 (Reuters) - Bayer on Tuesday lowered its full-year operating earnings guidance, citing weaker agricultural markets in Latin America.
The German group said it now expects to generate earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for special items and the impact of currency swings, of between 10.4 billion euros ($11.1 billion) and 10.7 billion euros, down from a previous forecast of 10.7-11.3 billion euros.
($1 = 0.9401 euros)
(Reporting by Ludwig Burger, Editing by Rachel More)
((ludwig.burger@thomsonreuters.com; +49 30 220133634;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.