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BAYN Bayer AG News Story

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Bayer rises after Q1 profit beat on agriculture strength

** Bayer's BAYGn.DE is up 1.4% in early Frankfurt trade after the German pharmaceutical firm reported better-than-expected operating profit in the first quarter thanks to higher revenues from soy seeds at its agricultural business

** Adjusted EBITDA came in at 4.45 billion euros ($5.23 billion), beating average analyst expectations of 3.93 billion euros, according to a company-provided poll

** The stock is among the top performers on Germany's blue-chip index .GDAXI in early Frankfurt trade

($1 = 0.8502 euros)

 (Reporting by Tristan Veyet)

 ((Tristan.veyet@thomsonreuters.com))

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