Syngenta Group 2024 Results Highlights

Plus a look at their digitized acres and a new comparison between Syngenta and all major crop protection companies biologicals business.

Author

Shane Thomas
March 29, 2025

Index

  1. Overall Highlights

  2. Crop Protection

  3. Seeds

  4. Regional Summary

  5. Biological Summary

  6. Digitized Acres Commentary

For a full look at Syngenta competitors, check out the FY 2024 Crop Protection & Seed Company Results: A Deep Dive into Themes, Highlights and Analysis - Upstream Ag Professional

Highlights

  • FY 2024 Group sales: $28.8B (-10%)

  • 15% decrease in EBITDA to $3.9 billion

  • Syngenta Groups EBITDA margin % decreased to the lowest of the big 5 crop protection companies.

  • Syngenta Crop Protection FY sales: $13.2B (-13% YoY)

  • Syngenta Seeds FY sales: $4.8B (flat YoY)

  • North America:

    • Syngenta Crop Protection North America sales: -24% YoY

    • ADAMA North America sales: +4% to $0.9B, driven by volume growth and strong Consumer & Professional Solutions demand

    • Seeds: North America Field Crop sales up 3% YoY; soybean sales notably increased

Crop Protection

  • Syngenta Crop Protection FY sales: $13.2B (-13% YoY; -9% CER)

    • Volume decline due to prolonged channel destocking

    • Price pressure in commoditized segments mitigated by raw material savings

  • Technology Performance:

    • PLINAZOLIN® insecticide sales doubled

    • ADEPIDYN® fungicide saw continued expansion and new market registrations

  • Biologicals experienced “strong growth,” especially in Brazil, China, and India

  • CROPWISE® AI launched. The platform now covers 70M hectares

Seeds

  • Syngenta Seeds FY sales — $4.8B (flat YoY; +2% CER)

    • Q4 Seeds sales up 4% YoY; +7% CER

  • Field Crop Seeds — North America: +3% YoY; strong soybean sales, Brazil was -9% due to soybean business model changes and Europe was -1%, but gains in corn market share and launched a yellow dwarf virus resistant hybrid barley.

In early 2024, ADAMA launched a strategic transformation plan aimed at improving earnings and cash delivery over a three-year period. This initiative began to show results, with EBITDA growth year-on-year and margin improvements for three consecutive quarters. The plan focuses on enhancing financial fitness through cost reductions and operational excellence, streamlining ADAMA’s operating model with a focus on key geographies and delivering products based on off-patent molecules combined with proprietary formulation technologies that improve efficiency.

Regional Summary

  • Europe — Weak across all segments, including -12% in crop protection

  • Latin America — Crop protection down 10%; soybean pressure in Brazil

  • North America

    • Syngenta Crop Protection North America sales: -24% YoY

    • ADAMA North America sales: +4% to $0.9B, driven by volume growth and strong Consumer & Professional Solutions demand

    • Seeds: North America Field Crop sales up 3% YoY; soybean sales notably increased

Commentary on Biologicals and Digitized Acres

Subscribe to Upstream Ag Professional to read the rest.

Become a paying member of Upstream Ag to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A professional subscription gets you:

  • • Subscriber-only insights and deep analysis plus full archive access
  • • Audio edition for consumption flexibility
  • • Access to industry reports, the Visualization Hub and search functionality