{"id":66392,"date":"2026-08-04T08:39:20","date_gmt":"2026-08-04T08:39:20","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/66392\/"},"modified":"2026-08-04T08:39:20","modified_gmt":"2026-08-04T08:39:20","slug":"bayers-q2-profit-rises-on-strong-business-lower-legal-costs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/66392\/","title":{"rendered":"Bayer\u2019s Q2 profit rises on strong business, lower legal costs"},"content":{"rendered":"<p><img fetchpriority=\"high\" alt=\"The logo of German chemicals giant Bayer is seen on flags in Leverkusen. (AFP pic)\" loading=\"eager\" width=\"912\" height=\"608\" decoding=\"async\" data-nimg=\"1\" class=\"html-img h-auto w-full\" style=\"color:transparent\"   src=\"https:\/\/www.europesays.com\/germany\/wp-content\/uploads\/2026\/08\/bayer-logo-flag-afp-11102018.jpg\"\/>Bayer has spent more than US$10 billion settling thousands of cases linked to glyphosate-based herbicides since acquiring US agrichemical group Monsanto in 2018. (AFP pic)<br \/>\nFRANKFURT: German agrichemical giant Bayer on Tuesday returned to profit in the second quarter (Q2), helped by a strong performance at its agricultural business as well as a smaller legal bill.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Net income for the three months to the end of June was \u20ac219 million (US$252 million), Bayer said, compared to a loss of \u20ac199 million this time last year.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Core earnings rose about 30% at the company\u2019s Crop Science division, which makes seeds, soybeans, weedkillers and insecticides, but were down slightly at its Pharmaceutical and Consumer Health divisions, both of which make medications.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">\u201cSpecial charges \u201cprimarily attributable\u201d to litigation costs also declined in the quarter to \u20ac172 million, down from \u20ac981 million,\u201d Bayer said.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">The aspirin maker has spent more than US$10 billion settling thousands of cases linked to glyphosate-based herbicides since it acquired the US agrichemical group Monsanto in 2018, developer of the popular Roundup weedkiller.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">The International Agency for Research on Cancer considers glyphosate a probable human carcinogen.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Bayer has pointed to scientific studies as well as regulatory approvals in the US and the EU as evidence the weedkiller is safe.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">The company in June successfully argued before the US Supreme Court that it should be shielded from so-called failure-to-warn legal claims in US states since the US Environmental Protection Agency ruled that Roundup could be sold without any warning label.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Bayer is hoping to bring the saga to a close with a US$7.25-billion class action settlement and has said that a favourable US Supreme Court ruling would disincentivise potential opt-outs.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">\u201cOur containment strategy is in a strong place, with some important milestones ahead,\u201d Bayer CEO Bill Anderson said Tuesday.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Sales of glyphosate-based herbicides meanwhile rose 12.6% in the quarter, Bayer said, driven by particularly strong growth in Europe, the Middle East and Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"Bayer has spent more than US$10 billion settling thousands of cases linked to glyphosate-based herbicides since acquiring US&hellip;\n","protected":false},"author":2,"featured_media":66393,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21161],"tags":[50032,26308,50033,21182,76,50034,50035],"class_list":["post-66392","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bayer","tag-agrichemical","tag-agricultural","tag-aspirin","tag-bayer","tag-german","tag-legal-bill","tag-q2"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/66392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=66392"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/66392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/66393"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=66392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=66392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=66392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}