Syngenta CEO Announces Record Free Cashflow at Full-Year Results

LONDON, February 8, 2012 /PRNewswire/ --

In a full-year results video interview, Syngenta CEO Mike Mack reveals double digit increases in sales and EPS. The agri-business company also achieved a record free cash flow of $1.5bn.

Mr Mack said the dividend would be proposed to be raised 14% to 8 francs.  "And we are going to be continuing to do a share buyback - $200m - and of course we'll continue to be on the lookout as the opportunities present themselves for acquisitions."

Mr Mack also gives an update on the progress of the integration strategy and the outlook for the next 12 months.

"In 2012 we need to sustain this momentum, putting more meat on the bones of our unique and integrated offers as well as taking care of every opportunity the market affords, and that means outpacing the competition."

The interviews and transcript are available now on http://www.cantos.com/company/Syngenta/

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44(0)207-936-1352.

SOURCE Syngenta