Factbook

Factbook

Agricultural Solutions

In the Agricultural Solutions segment, we aim to further strengthen our market position as an integrated solutions provider. Our offer comprises seeds, traits, seed treatment products, biological and chemical crop protection solutions, complemented by digital farming products to help farmers grow more and sustainably better quality crops. Our strategy is based on innovation-driven organic growth and targeted portfolio expansion through acquisitions and collaborations. Customer needs, societal expectations and reducing environmental impacts are what motivate us to innovate.

Virus-resistant tomato seed varieties for less food loss

Tomato brown rugose fruit virus (ToBRFV) is an aggressive and persistent plant virus that causes severe crop losses in tomatoes worldwide. After the virus was discovered, BASF quickly identified genetic sources of resistance and applied state-of-the-art breeding methods to be able to offer resistant and competitive varieties. The first resistant tomato varieties were made available under the Nunhems® brand in 2020 and BASF has since expanded the range to more than 20 varieties for different markets and consumer preferences. Using these resistant varieties in combination with appropriate hygiene protocols offers a solution that benefits both growers and the food supply chain.

For more information on ToBRFV-resistant seed varieties, see basf.com/en/rugose-virus

Sales 2023

Factors influencing sales

EBITDA before special items

Segment data Agricultural Solutions

Million € 2023 2022 2021 2020 2019
Sales to third parties 10,092 10,280 8,162 7,660 7,814
Share of total BASF sales (%) 14.6 11.8 10.4 13.0 13.2
Income from operations before depreciation, amortization and special items 2,270 1,928 1,375 1,680 1,809
EBITDA margin before special items (%) 22.5 18.8 16.8 21.9 23.2
Income from operations before depreciation and amortization (EBITDA) 2,177 1,922 1,358 1,582 1,647
EBITDA margin (%) 21.6 18.7 16.6 20.7 21.1
Income from operations (EBIT) before special items 1,563 1,220 715 970 1,095
Income from operations (EBIT) 1,131 1,221 696 582 928
Segment cash flow 1,746 179
Return on capital employed (ROCE) (%) 6.4 7.1 4.5 3.6 5.3
Last UpdateMay 27, 2024