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Solid 1Q 2013 for BASF

Sales improved 5% to 19.7 billion euros

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF increased its sales and income from operations (EBIT) before special items in the first quarter of 2013. At €19.7 billion, sales exceeded the level of the previous first quarter by 5%. Sales volumes grew particularly as a result of intensified demand for crop protection products and increased volumes in the Oil & Gas segment. EBIT before special items rose by 10% to €2.2 billion. “We have had a solid start to 2013. In particular, our business with crop protection products continued to ...

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