Syngenta Group today report potent fiscal results for the second twenty-five percent and first half ended June 30 , 2021 . Group sale in the 2d tail were $ 7.4 billion , up 28 percent versus Q2 2020 ( +20 percent at CER ) . EBITDA increase in the second quarter 25 percent ( +21 percent at CER ) to $ 1.2 billion .
Group sales for the first half of 2021 were $ 14.4 billion , up 24 percent year - on - year ( +18 percent at CER ) . Earnings Before Interest Taxes Depreciation and Amortization for the first one-half of the year was $ 2.7 billion , 22 percent higher year - on - year ( +25 percent at CER).The Group has invested intemperately in agtech and has leading technology in precision agriculture , wheat hybridization , biotechnology and gene editing trait . Through strategical investments , Syngenta Group has created multiple digital platforms with farm management tools that serve farmer sustainability and increase sale . Syngenta Group biologicals sale , including Valagro , demonstrated 27 pct growth in the first one-half which further strengthens the Group ’s leading office in this rapidly growing market .
Syngenta Group China deliver potent ontogeny across all segments . MAP sale more than tripled to $ 0.9 billion in the first one-half by provide farmers with products and service that enable them to grow more sustainably and bring on high quality crops that can be sold at higher prices . This farmer - centre ecosystem continued to thrive in China , adding 87 new centre since the first of the year . At the end of June , there are 413 MAP centers , with over 200 partner organizations and 37 MAP beSide ™ products that connect consumers to the farm where their food is grow . Syngenta Group China ’s functioning has also been enhance by the Group ’s effective intellectual property protective cover efforts .
Successful acquisitions , such as Winall Hi - technical school Seed and Jiangsu Huifeng Bio Agriculture ’s crop protection occupation , finalized in the first half of 2021 , further strengthen the Group ’s capableness to serve Chinese James Leonard Farmer .
synergism - drive sales increase 90 percent in the first six months to more than $ 0.3 billion and a net contribution of $ 0.1 billion .
“ Our extend strong performance and results exhibit how our teams around the world are serving farmers and avail them plow the challenge of COVID-19 and be part of the root to climate modification . We are focused on developing and launching products and services that enable farmers to grow good crop despite drouth , passion , implosion therapy , and high wind or other weather extremes , ” aver Syngenta Group CEO Erik Fyrwald . “ Our results demonstrate that we are adjoin the needs of local growers not only with our sustainable products , but also with our digitally enabled service . ”
Syngenta Group CFO Chen Lichtenstein said , “ Our teams have again delivered double - fingerbreadth sales and strong profit growth across all our business sector units . We have launch innovative product , tapped into outgrowth synergies for the Group , curb costs , and managed to meet the increased need of our customers even as the pandemic continue . Our focal point on R&D and place acquisitions will aid us drive future increase . ”To read the complete military press release , go to www.syngentagroup.com . For more information : Syngentawww.syngenta.com
