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BASF Q2 Results Show Small Sales Boost in Ag Solutions Segment

A team of researchers monitor plant health effects on agronomic crops in the Greenhouse facility at Research Triangle Park, North Carolina. This research site is at the vanguard of global plant health research for BASF.

BASF releases its second-quarter results. Sales in the Agricultural Solutions segment rose by 1 percent to €1.7 billion in a challenging market environment, the company reports.
Positive currency effects and higher sales prices more than offset lower sales volumes. EBIT before special items nevertheless fell by €68 million to €365 million. Aside from the decrease in volumes, this was also a result of increased fixed costs from the startup of new plants.
First-half sales in the Agricultural Solutions segment grew by 8 percent to €3.6 billion compared with the first half of 2014, despite a slight decrease in volumes. At €939 million, EBIT before special items reached the level of the previous first half.
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