FRANKFURT--The following is a summary of analysts' forecasts for
Bayer AG (BAYN.XE) second-quarter results, based on a poll of 10
analysts conducted by Dow Jones Newswires (figures in million
euros, EPS, dividend and target price in euro, according to IFRS).
Earnings figures are scheduled to be released July 29.
===
EBITDA EBIT
2nd Quarter Sales adj. EBITDA adj. EBIT
AVERAGE 11,841 2,687 2,564 1,915 1,780
Prev. Year 10,458 2,217 2,176 1,521 1,473
+/- in % +13 +21 +18 +26 +21
MEDIAN 11,886 2,678 2,549 1,893 1,789
Maximum 12,219 2,778 2,645 2,080 1,889
Minimum 11,451 2,596 2,496 1,811 1,684
Amount (a) 10 9 5 6 5
Baader-Helvea 11,909 2,678 -- -- --
Credit Suisse 11,451 -- -- -- --
Deutsche Bank 11,533 2,670 -- 1,811 1,684
Equinet 11,525 2,596 2,496 -- --
Exane BNP Paribas 11,887 2,624 -- 1,900 --
Jefferies 12,219 2,724 2,549 1,885 1,710
Morgan Stanley 11,884 2,778 2,587 2,080 1,889
UBS 12,039 2,749 2,645 1,948 1,828
Warburg Research 11,811 2,758 -- -- --
Net attrib. EPS
2nd Quarter income EPS core
AVERAGE 1,152 1.38 1.85
Prev. Year 953 1.15 1.53
+/- in % +21 +20 +21
MEDIAN 1,146 1.36 1.85
Maximum 1,208 1.46 1.94
Minimum 1,118 1.33 1.79
Amount (a) 6 5 10
Baader-Helvea 1,123 1.36 1.85
Credit Suisse -- -- 1.82
Deutsche Bank 1,123 1.36 1.80
Equinet -- -- 1.87
Exane BNP Paribas 1,118 1.33 1.79
Jefferies -- -- 1.84
Morgan Stanley 1,208 1.46 1.94
UBS 1,169 1.41 1.90
Warburg Research -- -- 1.92
Target price Rating DPS 2015
AVERAGE 141.39 positive 2 AVERAGE 2.54
Prev. Quarter 139.90 neutral 7 Prev. Year 2.25
+/- in % +1.1 negative 0 +/- in % +13
MEDIAN 142.00 MEDIAN 2.63
Maximum 155.00 Maximum 2.72
Minimum 129.00 Minimum 2.25
Amount 9 Amount 7
Baader-Helvea 142.00 Hold --
Commerzbank 132.00 Hold --
Deutsche Bank 155.00 Buy 2.63
Equinet 134.00 Neutral 2.25
Exane BNP Paribas 129.00 Neutral 2.43
Jefferies 152.00 Buy 2.45
Morgan Stanley 143.00 Equalweight 2.64
UBS 148.00 Neutral 2.64
Warburg Research 137.50 Hold 2.72
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Year-earlier figures are as reported by the company.
(a) Including anonymous estimates from one more analyst.
DJG/voi
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