Agrifert International Report

August 2012

No. 154

Company Half Year Sales 2012 and Market Outlook

The following table outlines the sales results for the majority of the leading

agrochemical companies in the first half of the current year. In order to make a direct

comparison of the relative performance of the agrochemical businesses of each

company we have, where possible, eliminated the sales of seeds, biotechnology,

intermediates and animal health products from the company sales results.

Half Year Agrochemical Sales 2011 and 2012

Company

Local

First Half 2011

First Half 2012

Growth

Currency

local

$m

local

$m

% (local)

Bayer

€

3602

5052

4163

5399

+15.6

+6.9

Syngenta

$

5383

5383

5674

5674

+5.4

+5.4

BASF

€

2435

3415

2794

3624

+14.7

+6.1

Dow *

$

3106

3106

3514

3514

+13.1

+13.1

Monsanto**

$

1671

1671

1915

1915

+14.6

+14.6

DuPont

$

1630

1630

1808

1808

+10.9

+10.9

MAI (Agro only)

$

1408

1408

1515

1515

+7.6

+7.6

FMC

$

673

673

848

848

+26.0

+26.0

DKr

2726

513

3145

549

+15.4

+7.0

Chemtura

$

185

185

197

197

+6.5

+6.5

Isagro

€

78

109

79

103

+2.5

-5.3

Amvac

$

146

146

172

172

+17.8

+17.8

1763

-1.9

0.8

Cheminova

*Includes Seeds / Biotech

% ($)

st

**Monsanto results are for six month period ending 31 May

Half Year Sales 2011 and 2012

Sumitomo Chem ***

Yen

143228

1748

140468

*** Health & Crop Sciences

Currency exchange rates in the first half of 2012 had a more noticeable impact on

those companies who report their sales in Euro terms, with the US dollar

strengthening somewhat against the Euro.

For the companies listed above, total overall sales in the first half of 2012 increased

by 8.2%, lower than the 15.4% increase recorded by these...