India, Dec. 6 -- The Bayer Group (BAYZF.PK, BAYRY.PK, BYR.L) announced the company aims to significantly enhance its performance in the coming years and has set itself ambitious growth and margin targets through 2022. The company is targeting sales growth of approximately 4 percent next year and an annual average of 4 to 5 percent in the following years through 2022, based on constant foreign exchange rates. This corresponds to an increase in sales from an anticipated 44.6 billion euros (pro forma) in 2018 to around 46 billion euros in 2019 and to approximately 52 billion euros in 2022.

The target for EBITDA before special items is average annual growth of 9 percent, with an increase from an anticipated 11.5 billion euros (pro forma) in 20...