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Syngenta looks to 2010

This article was originally published in The Public Ledger

SYNGENTA missed analysts' expectations with sales of $3.5bn in the first quarter but said cheaper raw materials should buoy its 2010 results. The Swiss crop protection and seed firm had a difficult 2009 due to weak demand and low prices for farming products but argued that in 2010, it should benefit from lower raw material costs, favourable currency movements and margin enhancements in seeds.

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