2014

Syngenta First Quarter Trading Statement 2001

    BASEL, Switzerland, May 10 /PRNewswire/ -- Sales for the first quarter of
 2001 were $1.91 billion compared with exceptionally strong sales of
 $2.17 billion for the first quarter of 2000. At constant exchange rates sales
 were 8% lower with Crop Protection down 10% and Seeds down 2%. Changes in
 exchange rates reduced reported sales by 4%.
     Strong cost control, coupled with planned progress in realizing synergy
 projects, has resulted in margins at the same level as the first quarter last
 year.
     As already signaled in March, a slow start to the 2001 season with
 prolonged adverse weather conditions reduced early demand for Crop Protection
 products, particularly cereal fungicides in Europe.  A projected 4% decline in
 US corn acreage affected both Crop Protection and Seeds. Selling prices
 remained broadly stable in the first quarter compared with the previous year.
     With the northern hemisphere season now under way, some recovery in the
 sales trend is expected during the remainder of the year.  New product
 introductions are proceeding according to plan, including the launch of the
 new corn herbicide CALLISTO(R).
     Syngenta (NYSE:   SYT) is the world's leading agribusiness. The company
 ranks first in crop protection, and third in the high-value commercial seeds
 market. Pro forma sales in 2000 were approximately US $6.9 billion.  Syngenta
 employs more than 20,000 people in over 50 countries.  The company is
 committed to sustainable agriculture through innovative Research and
 Technology. Formed in November 2000 by the merger of Novartis Agribusiness and
 Zeneca Agrochemicals, Syngenta is listed on the Swiss stock exchange, and in
 London, New York and Stockholm. Further information is available at
 www.syngenta.com.
 
     Cautionary Statement Regarding Forward-Looking Statements
     This document contains forward-looking statements, which can be identified
 by terminology such as `expect', `would', `will', `potential', `plans',
 `prospects', `estimated', `aiming', `on track' and similar expressions. Such
 statements may be subject to risks and uncertainties that could cause the
 actual results to differ materially from these statements.  We refer you to
 Syngenta's publicly available filings with the U.S. Securities and Exchange
 Commission for information about these and other risks and uncertainties.
 Syngenta assumes no obligation to update forward-looking statements to reflect
 actual results, changed assumptions or other factors.  This document does not
 constitute, or form part of, any offer or invitation to sell or issue, or any
 solicitation of any offer, to purchase or subscribe for any ordinary shares in
 Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on
 in connection with, any contract therefore.
 
        Unaudited First Quarter Product Line and Regional Sales Analysis
 
 
     Syngenta              1st Quarter  1st Quarter
                               2001       2000(1)        Actual      CER(2)
                                $m           $m             %           %
 
     Crop Protection           1518         1767          - 14       - 10
     Seeds                      387          401            -4         -2
     Total                     1905         2168          - 12         -8
 
     Crop Protection
     Product line
      Selective herbicides      566          626          - 10         -6
      Non-selective herbicides  170          200          - 15       - 10
      Fungicides                408          515          - 21       - 15
      Insecticides              219          259          - 15         -9
      Professional products     119          133          - 11         -8
      Others                     36           34            +5        + 5
      Total                    1518         1767          - 14       - 10
     Regional
       Europe, Africa and
        Middle East             628          748          - 16       - 10
       NAFTA                    551          593            -7         -7
       Latin America             95          121          - 22       - 20
       Asia Pacific             244          305          - 20       - 11
       Total                   1518         1767          - 14       - 10
 
     Seeds
     Product line
       Field Crops              261          274            -5         -3
       Vegetables and Flowers   126          127            -1        + 2
       Total                    387          401            -4         -2
     Regional
       Europe, Africa and
        Middle East             193          197            -2        + 3
       NAFTA                    169          179            -6         -6
       Latin America             12           11           +13        +13
       Asia Pacific              13           14          - 10         -4
       Total                    387          401            -4         -2
 
     1) Unaudited pro forma
     2) Constant exchange rates
 
 
                         Syngenta Conference Call Alert
 
     Richard Steiblin, Chief Financial Officer of Syngenta, will host a
 conference call to discuss the Company's first quarter 2001 sales, TODAY,
 Thursday, May 10, 2001, at 10:00 AM EDT.  To participate in the conference
 call, dial 913-981-5507/confirmation code 696270, shortly before 10:00 AM EDT.
     A replay of the conference call will be available beginning at 1:00 PM,
 EDT on Thursday, May 10, 2001 through midnight, Wednesday, May 16, 2001.  To
 access the conference call replay, please dial 719-457-0820.
     If you have any questions, please contact Rhonda Chiger at 917-322-2569.
     Syngenta is the world's leading agribusiness. The company ranks first in
 crop protection, and third in the high-value commercial seeds market. Pro
 forma sales in 2000 were approximately US $6.9 billion. Syngenta employs more
 than 20,000 people in over 50 countries. The company is committed to
 sustainable agriculture through innovative Research and Technology. Formed in
 November 2000 by the merger of Novartis Agribusiness and Zeneca Agrochemicals,
 Syngenta is listed on the Swiss stock exchange, and in London, New York and
 Stockholm. Further information is available at www.syngenta.com.
 
     Analyst/Investor Enquiries:
        Jennifer Gough (Switzerland)    +41 61 323 5059
        Elizabeth Sutton (UK)       +44 (0) 1428 655386
        Rhonda Chiger (USA)          + 1 (917) 322 2569
 
     Media Enquiries:
        O'Patrick Wilson (Switzerland)  +41 61 323 2323
        Judith Auchard (UK)         +44 (0) 1428 655827
        Lori Captain (USA)           + 1 (302) 476 2184
 
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SOURCE Syngenta International AG

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