Syngenta FY14 Profit Down, But Sales Rise - Quick Facts

(RTTNews) - Swiss crop chemicals firm Syngenta AG (SYT) reported fiscal 2014 net income of $1.62 billion, down 2% from last year's $1.64 billion.

Earnings per share, which excluded items, was $19.42, compared to $19.30 last year.

Total sales went up 3 percent to $15.13 billion from prior year's $14.69 billion. Sales grew 5 percent at constant exchange rates. In the fourth quarter, sales grew 12 percent.

A negative impact from currencies, notably those of the CIS, resulted in an EBITDA margin slightly below the previous year, the company said.

Further, the company proposed a dividend of 11 Swiss francs per share, a growth of 10 percent.