Bayer posts Q2 internet lack of 1.89 billion eur By Reuters

(Reuters) – Bayer (OTC:) on Tuesday reported a internet lack of 1.89 billion euros ($2.08 billion) for the second quarter, weighed down by 2.3 billion euros in impairment prices.

The assertion primarily based on audited outcomes got here after the German medication and pesticides maker in July cited preliminary figures as displaying anticipated goodwill impairments value about 2.5 billion euros, resulting in a second-quarter internet lack of 2 billion euros.