LONDON, February 9, 2011 /PRNewswire/ -- Syngenta, the world's largest agribusiness, says the decision to integrate its Crop Protection and Seeds business would take the operations to a "higher level of performance".
Earlier today in an interview with financial news website http://www.cantos.com, Syngenta CEO Mike Mack said the first stages of the integration would be complete by 2012.
"This is the culmination of plans that have been under way for three years. Integration doesn't just mean people, it also means offers and I'm looking forward to being able to take two really strong businesses to a higher level of performance."
Meanwhile, the Swiss-based firm announced a 6% rise in its 2010 revenues and said it was growing market share. Mike Mack highlighted a record amount of free cash flow at $1.1 billion and a 30% increase to the dividend in US dollar terms.
"We expect that the positive volume momentum is going to continue into the year, helped of course by continued growth in emerging markets," he said.
The interview and transcript are available now on http://cantos.com/company/syngenta.
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