November 13, 2018 / 6:49 AM / a month ago

CORRECTED-Bayer earnings flat on weak animal health, forex effects

(Corrects headline, lead to show adj EBITDA were flat, did not decline by 1 percent)

FRANKFURT, Nov 13 (Reuters) - Bayer reported flat adjusted core earnings for the quarter, hurt by a weaker animal health business and as a strong euro weighed on the value of overseas sales.

Third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA), adjusted for one-off items, came in in at 2.2 billion euros ($2.5 billion), the company said on Tuesday, above an average estimate for 2.05 billion in a Reuters poll of analysts. ($1 = 0.8895 euros) (Reporting by Ludwig Burger; Editing by Maria Sheahan)

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