Profile and Organization
Names | Figures | Facts
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Our products and services are designed to benefit people and improve their quality of life. At the same time we want to create value through innovation, growth and high earning power.
Organization
Bayer AG defines common values, goals and strategies for the entire Group. The three subgroups and three service companies operate independently, led by the management holding company. The Corporate Center supports the Group Management Board in its task of strategic leadership.
Business operations are the responsibility of the subgroups:
Central service functions are combined into three service companies:
- external link: Bayer HealthCare makes an important contribution to human and animal health with its innovative products and by researching new therapeutic approaches. The subgroup has four operating divisions: Bayer Schering Pharma* (prescription medicines), Consumer Care (over-the-counter medicines and nutritional supplements), Diabetes Care (blood glucose monitoring systems, Animal Health (veterinary medicines and grooming products)
- external link: Bayer CropScience is a world leader in the areas of crop protection, pest control, seeds and plant biotechnology. As a partner in the production of high-quality food, feed and fiber, the company offers comprehensive solutions for modern, sustainable agriculture and non-agricultural applications.
- external link: Bayer MaterialScience is one of the world’s leading manufacturers of polymers and high-quality plastics. Apart from its polycarbonates and polyurethanes, this company’s offering also includes innovative developments in the fields of coatings, adhesives, insulating materials and sealants. Principal customers are the automotive and construction industries, the electrical/electronics sector and manufacturers of sports and leisure articles, packaging and medical equipment.
Central service functions are combined into three service companies:
- external link: Bayer Business Services is the Bayer Group’s international competence center for it-based services. Its product offering focuses on integrated services in the core areas of it infrastructure and applications, procurement and logistics, human resources and executive personnel services, and finance and accounting.
- external link: Bayer Technology Services is the global technological backbone for the Bayer Group and a major innovation driver. Its services comprise the development, planning, construction and optimization of processes and plant. This service company offers fully integrated solutions right through the life cycle of production facilities.
- external link: Currenta offers services for the chemical industry including utility supply, waste management, infrastructure, safety, security, analytics and vocational training. This service company – a joint venture between Bayer and lanxess – operates the chempark sites in Leverkusen, Dormagen and Krefeld-Uerdingen, Germany.
Corporate Governance
Dual governance system with the following governance bodies:
| Board of Management: | four members, Chairman: Werner Wenning |
| Supervisory Board: | 20 members, Chairman: Dr. Manfred Schneider |
Products
The Bayer Group markets some 5,000 products. Best-sellers include:
- in the external link: health care field: Yasmin®/YAZ®/Yasminelle®, Betaferon®/Betaseron®, Kogenate®, Adalat®, Avalox®/Avelox®
- in the external link: nutrition field: Confidor®/Gaucho®/Admire®/Merit®, Flint®/Stratego®/Sphere®
- in the field of external link: high-tech materials: Makrolon®, Baydur®, Bayflex® Footwear, Desmodur®/Desmophen®
Locations
Bayer is represented around the world by 350 companies. Global headquarters are in Leverkusen, Germany.
Workforce
On December 31, 2007, the Bayer Group had 106,200 employees worldwide (2006: 106,000). North America accounted for 16,800 of these employees, while 18,900 were based in Asia-Pacific, 14,300 in Latin America/Africa/Middle East and 56,200 in Europe. In Germany we had 39,100 employees, who made up 36.8 percent of the Group workforce.
| Image: workforce | 106,200 employees worldwide (as of December 31, 2007), including: 56,200 in Europe 16,800 in North America 18,900 in Asia-Pacific 14,300 in Latin America/Africa/Middle East |
external link: Bayer stock
- included in nearly all the external link: major share indices
- traded on all German external link: stock exchanges
- external link: dividend per share: EUR 1.35
Bayer Group Key Data
| Bayer Group | 2006 |
2007 |
Change |
| Net sales | 28,956 |
32,385 |
11.8 |
| EBITDA1 | 4,675 |
5,866 |
25.5 |
| EBITDA before special items | 5,584 |
6,777 |
21.4 |
| EBIT2 | 2,762 |
3,154 |
14.2 |
| EBIT before special items | 3,479 |
4,287 |
23.2 |
| Income before income taxes | 1,980 |
2,234
|
12.8 |
| Net income | 1,683 |
4,711 |
• |
| Earnings per share (in €)3 | 2.22 |
5.84 |
• |
| Gross cash flow4 | 3,913 |
4,784 |
22.3 |
| Net cash flow5 | 3,928 |
4,281 |
9.0 |
| Capital expenditures | 1,739 |
1,891 |
8.7 |
| Research and development expenses | 2,297 |
2,578 |
12.2 |
| Dividend per Bayer AG share (€) | 1.00 |
1.35 |
35.0 |
2006 figures restated
1-5 for definition see footnotes to external link: Bayer Group Key Data table
1-5 for definition see footnotes to external link: Bayer Group Key Data table
Sales by segment in percent, 2007 (2006 in parentheses)
| Image: Umsatz-Anteile der Teilkonzerne | Reconciliation 4 (5) HealthCare 46 (40) Consumer Health 14 (14) Pharmaceuticals 32 (26) CropScience 18 (20) Environmental Science/BioScience 3 (4) Crop Protection 15 (16) MaterialScience 32 (35) Systems 23 (25) Materials 9 (10) |