Syngenta sales down 7% on currencies, weak Latam business

Syngenta, the Swiss pesticides and seeds maker that is being taken over by state-owned ChemChina, said first-quarter sales declined 7 percent, hurt by a strong dollar and a drop at its Latin American business.

Fabrice Coffrini | AFP| Getty Images

Group sales declined to $3.7 billion, unchanged from a year earlier when adjusted for currency effects, which was slightly below the $3.75 billion expected on average in a Reuters poll of analysts.