FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For the
month of October 2009
Commission
File Number: 001-15152
SYNGENTA
AG
(Translation
of registrant’s name into English)
Schwarzwaldallee
215
4058
Basel
Switzerland
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
|
Form
20-F
|
X
|
Form
40-F
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
|
Yes
|
No
|
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
|
Yes
|
No
|
X
|
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
|
Yes
|
No
|
X
|
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
Re: SYNGENTA
AG
Press
Release: "Third Quarter 2009
Sales”
Herewith
we furnish a press release related to Syngenta AG. The full text of the press
release is the following:
# #
#
|
Syngenta International AG
Media
Office
CH-4002 Basel
Switzerland
Tel:+41 61
323 23 23
Fax:+41 61
323 24 24
www.syngenta.com
|
Médard
Schoenmaeckers
Switzerland +41
61 323 2323
|
Jennifer
Gough
Switzerland +41
61 323 5059
USA+1 202 737
6521
John
Hudson
Switzerland +41
61 323 6793
USA+1 202 737
6520
|
Third
Quarter 2009 Sales
|
·
|
Nine
month sales unchanged at constant exchange
rates
|
|
·
|
Third
quarter sales 8% lower*; 3% lower* ex glyphosate
price
|
|
·
|
Good
start to Latin America season
|
|
·
|
Full
year earnings target maintained
|
Sales in the third
quarter of 2009 were 8 percent lower at constant exchange rates; excluding a
decline in glyphosate prices sales were 3 percent lower*. Reported
sales were 12 percent lower at $2 billion. In the first nine months
of the year, sales were unchanged at constant exchange rates at $8.7
billion.
In Crop Protection
third quarter sales were 10 percent lower*; excluding glyphosate pricing sales
were 4 percent lower*. In Europe and NAFTA, grower sentiment was subdued in a
shorter season with lower pest pressure; credit constraint in Eastern Europe
also contributed to a reduction in volume. Latin America saw robust
volume growth at the start of the main season supported by higher soybean
acres. In Asia-Pacific sales were driven by the launch of new
products and by strong growth in fungicides. Overall, prices
excluding glyphosate were slightly higher for the quarter and for the first nine
months were up by 6 percent.
Crop Protection
sales by product line saw an increase in Fungicides and Insecticides led by
Latin America and Asia Pacific. Sales of Selective Herbicides were
lower primarily due to a product timing issue in France; Non-selective Herbicide
performance reflected significantly lower glyphosate prices. Seed
Care sales continued their rapid growth in Asia Pacific but were lower in other
regions. Professional Products have been affected this year by the
economic environment.
Combined sales of
new products reached $274 million in the first nine months, an increase of 30
percent*, driven by DURIVO®,
REVUS® and
AXIAL®.
Seeds sales
increased by 3 percent* in the quarter. For Corn & Soybean
volumes in Latin America showed good growth driven by corn in Argentina and
soybean in Brazil; in NAFTA returns of soybean were higher following early
season acreage
* At
constant exchange rates.
Syngenta - October 23, 2009 /
page 1 of 4
uncertainty. Diverse
Field Crops and Vegetables grew strongly in all regions, with Vegetables
continuing their rapid expansion in Eastern Europe and Asia-Pacific, notably
China. Flowers growth reflected the consolidation of
acquisitions.
For the full year,
Syngenta is targeting earnings per share** close to the record level achieved in
2008.
Syngenta is one of the world's leading companies
with more than 24,000 employees in over 90 countries dedicated to our purpose:
Bringing plant potential to life. Through world-class science, global reach and
commitment to our customers we help to increase crop productivity, protect the environment and
improve health and quality of life. For more information about us please go to
www.syngenta.com.
** Fully
diluted, excluding restructuring and impairment.
|
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.
|
Syngenta - October 23, 2009 /
page 2 of 4
Unaudited
Nine Months Product Line and Regional Sales
|
Syngenta
|
9
months 2009
$m
|
9
months 2008
$m
|
Actual
%
|
CER(1)
%
|
||||||||||||
|
Crop
Protection
|
6609 | 7429 | - 11 | - 2 | ||||||||||||
|
Seeds
|
2082
|
2156 | - 3 | +6 | ||||||||||||
|
Business
Development
|
7 | 22 | - 69 | - 69 | ||||||||||||
|
Inter-segment
elimination(2)
|
(43 | ) | (35 | ) | - | - | ||||||||||
|
Third Party
Sales
|
8655 | 9572 | -10 | - | ||||||||||||
|
Crop
Protection
|
||||||||||||||||
|
Product
line
|
||||||||||||||||
|
Selective
Herbicides
|
1887 |
2063
|
- 8 | +2 | ||||||||||||
|
Non-selective
Herbicides
|
961 | 1101 | - 13 | - 5 | ||||||||||||
|
Fungicides
|
1810 | 2103 | - 14 | - 4 | ||||||||||||
|
Insecticides
|
995 | 1089 | - 9 | - | ||||||||||||
|
Seed
Care
|
578 | 622 | - 7 | +1 | ||||||||||||
|
Professional
Products
|
317 | 387 | - 18 | - 15 | ||||||||||||
|
Others
|
61 | 64 | - 5 | - | ||||||||||||
|
Total
|
6609 | 7429 | - 11 | - 2 | ||||||||||||
|
Regional
|
||||||||||||||||
|
Europe,
Africa and Middle East
|
2212 | 2813 | - 21 | - 6 | ||||||||||||
|
NAFTA
|
2286 | 2355 | - 3 | +3 | ||||||||||||
|
Latin
America
|
1065 | 1213 | - 12 | - 12 | ||||||||||||
|
Asia
Pacific
|
1046 | 1048 | - | +10 | ||||||||||||
|
Total
|
6609 | 7429 | - 11 | - 2 | ||||||||||||
|
Seeds
|
||||||||||||||||
|
Product
line
|
||||||||||||||||
|
Corn and
Soybean
|
969 | 958 | +1 | +7 | ||||||||||||
|
Diverse Field
Crops
|
374 | 420 | - 11 | +9 | ||||||||||||
|
Vegetables
and Flowers
|
739 | 778 | - 5 | +4 | ||||||||||||
|
Total
|
2082
|
2156 | - 3 | +6 | ||||||||||||
|
Regional
|
||||||||||||||||
|
Europe,
Africa and Middle East
|
818 | 984 | - 17 | +1 | ||||||||||||
|
NAFTA
|
974 | 872 | +12 | +13 | ||||||||||||
|
Latin
America
|
156 | 173 | - 10 | - 10 | ||||||||||||
|
Asia
Pacific
|
134 | 127 | +6 | +21 | ||||||||||||
|
Total
|
2082
|
2156 | - 3 | +6 | ||||||||||||
|
(1)
|
Growth
at constant exchange rates.
|
|
(2)
|
Crop
Protection inter-segment sales to
Seeds.
|
Syngenta - October 23, 2009 /
page 3 of 4
Unaudited
Third Quarter Product Line and Regional Sales
|
Syngenta
|
3rd
Quarter 2009
$m
|
3rd
Quarter 2008
$m
|
Actual
%
|
CER(1)
%
|
||||||||||||
|
Crop
Protection
|
1609 | 1875 | - 14 | - 10 | ||||||||||||
|
Seeds
|
406 | 417 | - 3 | +3 | ||||||||||||
|
Business
Development
|
2 | 2 | - 32 | - 31 | ||||||||||||
|
Inter-segment
elimination(2)
|
(17 | ) | (17 | ) | - | - | ||||||||||
|
Third Party
Sales
|
2000
|
2277 | - 12 | - 8 | ||||||||||||
|
Crop
Protection
|
||||||||||||||||
|
Product
line
|
||||||||||||||||
|
Selective
Herbicides
|
272 | 384 | - 29 | - 25 | ||||||||||||
|
Non-selective
Herbicides
|
270 | 362 | - 25 | - 21 | ||||||||||||
|
Fungicides
|
454 | 454 | - | +5 | ||||||||||||
|
Insecticides
|
322 | 310 | +4 | +9 | ||||||||||||
|
Seed
Care
|
186 | 234 | - 20 | - 14 | ||||||||||||
|
Professional
Products
|
92 | 98 | - 7 | - 7 | ||||||||||||
|
Others
|
13 | 33 | - 59 | - 64 | ||||||||||||
|
Total
|
1609 | 1875 | - 14 | - 10 | ||||||||||||
|
Regional
|
||||||||||||||||
|
Europe,
Africa and Middle East
|
402 | 563 | - 29 | - 19 | ||||||||||||
|
NAFTA
|
404 | 505 | - 20 | - 18 | ||||||||||||
|
Latin
America
|
515 | 515 | - | - | ||||||||||||
|
Asia
Pacific
|
288 | 292 | - 1 | +4 | ||||||||||||
|
Total
|
1609 | 1875 | - 14 | - 10 | ||||||||||||
|
Seeds
|
||||||||||||||||
|
Product
line
|
||||||||||||||||
|
Corn and
Soybean
|
126 | 144 | - 13 | - 13 | ||||||||||||
|
Diverse Field
Crops
|
70 | 67 | +6 | +20 | ||||||||||||
|
Vegetables
and Flowers
|
210 | 206 | +2 | +8 | ||||||||||||
|
Total
|
406 | 417 | - 3 | +3 | ||||||||||||
|
Regional
|
||||||||||||||||
|
Europe,
Africa and Middle East
|
159 | 173 | - 8 | +4 | ||||||||||||
|
NAFTA
|
94 | 99 | - 6 | - 5 | ||||||||||||
|
Latin
America
|
115 | 107 | +7 | +7 | ||||||||||||
|
Asia
Pacific
|
38 | 38 | +1 | +9 | ||||||||||||
|
Total
|
406 | 417 | - 3 | +3 | ||||||||||||
|
(1)
|
Growth
at constant exchange rates.
|
|
(2)
|
Crop
Protection inter-segment sales to
Seeds.
|
Syngenta - October 23, 2009 /
page 4 of 4
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
SYNGENTA AG
|
||||||
|
Date:
|
October
23, 2009
|
By:
|
/s/
Christoph Mäder
|
|||
|
Name:
|
Christoph
Mäder
|
|||||
| Title: | Head Legal & Taxes | |||||