German chemical maker Bayer saw its earnings slow in Q3 2018 , partly due to a one - off gain in 2017 and reported after - tax profits of € 2.89bn ( $ 200 ) , compared with € ##15 the year before . Sales for the company increased to € 9.91bn , up from € 8.03bn a year earlier , while pre - tax gains for the sale of several crop science products to BASF were € ##15 . Meanwhile , profits against newly - acquired Monsanto 's glyphosate - based weedkiller have grown to 9,300 , but CEO Werner Baumann has said the company will vigorously defend itself due to its meritorious achievements .
German chemical maker Bayer saw its earnings slow in Q3 2018, partly due to a one-off gain in 2017 and reported after-tax profits of €2.89bn ($3.27bn), compared with €3.88bn the year before. Sales for the quarter increased to €9.91bn, up from €8.03bn a year earlier, while pre-tax gains for the sale of several crop science assets to BASF were €3.12bn. Meanwhile, lawsuits against newly-acquired Monsanto's glyphosate-based weedkiller have grown to 9,300, but CEO Werner Baumann has said the company will vigorously defend itself due to its meritorious defences.