Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

BASF Quarterly Statement Q1 2020. Sales of 16.8 billion

11.06.2020 12:01 "Agro Perspectiva" (Kyiv) BASF Group shows resilience amid corona crisis with diversified portfolio and financial solidity.

Sales of 16.8 billion (+7%), mainly due to volumes growth EBIT before special items of 1.6 billion (-6%), primarily as a result of lower earnings in the Chemicals and Materials segments.

EBIT before special items improves in all downstream segments.

BASF with solid financing; equity ratio of 47%.

The Agricultural Solutions segment recorded considerable sales growth compared with the first quarter of 2019. This was primarily attributable to higher volumes, especially in North America and Europe. The earlier demand triggered by the corona pandemic had a positive impact on sales volumes. A lower price level had a slight offsetting effect.

In Europe, sales rose slightly year on year as a result of higher sales volumes. This development was mainly due to higher demand for herbicides, seed treatments, and seeds and traits.

Sales in North America improved considerably. We significantly increased volumes — especially of herbicides and fungicides — compared with the first quarter of 2019, which was affected by extreme weather conditions. The sales development was also supported by positive currency effects. By contrast, lower price levels had a dampening effect on sales.

In Asia, sales were considerably above the figure for the first quarter of 2019 due to higher sales volumes, especially of herbicides in China, Australia and Japan. Positive currency effects also contributed to the sales development.

We considerably increased sales in the region South America, Africa, Middle East. This was mainly driven by higher volumes, particularly of fungicides and herbicides. Slightly higher prices also had a positive impact on sales. Significantly negative currency effects, especially in Brazil, had an offsetting effect.

Income from operations (EBIT) before special items was slightly higher than in the first quarter of 2019. This was largely the result of higher sales, mainly due to earlier demand as a consequence of the corona pandemic, and lower fixed costs.

Agro Perspectiva

< Capital investment in Ukraine decreases by 35.5% in Q1 2020 statistics All news for
11.06.2020
Canada. Chicken Meat Production Falls on Reduced Demand >

14.05.2021  
14:15 ASTARTA Started Raw Sugar Processing
12.05.2021  
14:01 For the MY 2021/22 forecasts Bangladeshs rice production to increase, assuming friendly weather and increased yield
12:51 Total Latvian wheat, rye, mixed grains, triticale, barley, corn, and oat production in MY 2021/22 is forecast at 3.2 MMT
07.05.2021  
13:22 Global cereal markets tighten as demand remains strong in 2020/21
12:25 International food prices continue rising in April
06.05.2021  
15:38 New Zealand. Total milk production is forecast at 22.2 MMT
05.05.2021  
16:47 CNH Industrial. Consolidated revenues of $7.5 billion (up 37% compared to Q1 2020)
13:21 Australia. Wheat production is forecast at 27 MMT in MY 2021/22
30.04.2021  
14:21 ASTARTA Finished Sugar Beet Planting
29.04.2021  
11:49 Manitou Group: Q121 revenues of 471m, +12% vs. Q120
11:39 BASF increased sales by 2.6 billion compared with the first quarter of 2020 to 19.4 billion
28.04.2021  
17:00 Spain: Spanish Cheese Exports May Rebound in 2021
27.04.2021  
16:47 Argentina. Wheat production is estimated at 20.5 million tons in 2021/2022
26.04.2021  
16:35 Small family farmers produce a third of the worlds food
10:09 Industrial production in Ukraine 2.1% up in March 2021 - statistics
24.04.2021  
07:20 Finance Ministry proposes to change criteria for land valuation in settlements by 2023
22.04.2021  
11:28 Giving a voice to soil organisms our silent allies in the fight against hunger
21.04.2021  
09:53 NBU sends UAH 24.4 bln of profit to state budget
20.04.2021  
11:50 Vietnam. Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates
16.04.2021  
14:11 NBU raises key policy rate to 7.5%
14.04.2021  
17:10 Brazil Meat Exports Continue to Grow
13.04.2021  
16:25 Coffee is considered a priority crop by the Angolan Government
12.04.2021  
11:20 Brazil Soybean Exports Record Large in March
10:18 Burma Rice Exports Disrupted Amid Coup
08.04.2021  
21:05 Positive cereal crop prospects in 2021
20:35 Global food prices rise for 10th month in a row
04.04.2021  
10:16 A spicy agricultural heritage: theres more to wasabi than meets the eye
02.04.2021  
16:00 Turkey. Cattle numbers to increase 1 percent in 2021 to 18.3 million head - USDA
13:25 Japan To Begin Enforcement of Organic Regulations for Turkey Products
26.03.2021  
13:55 Korea. Overall demand for beef and pork remains strong
24.03.2021  
15:55 Cargill purchases Precision Ag, expanding its Canadian crop inputs business
23.03.2021  
21:28 Ukraine's GDP down by 4% in 2020 statistics
21:15 Green Climate Fund approves $80 million in FAO-led projects in Congo and Jordan
20:31 Ukrainian banks see profit fall by 60% in Jan-Feb - NBU
21.03.2021  
09:49 Business and govt agree to stabilize prices for socially important goods - EBA
16.03.2021  
16:35 Mexicos chicken meat production, consumption, and imports are projected for 2021
10.03.2021  
21:07 India Corn Exports Competitive Regionally
07.03.2021  
23:15 Early estimate points to record 2021 wheat output
22:43 FAO Food Price Index rises for ninth consecutive month in February
04.03.2021  
12:33 BASF achieved its 2020 Palm Commitment
01.03.2021  
11:43 BASF Group: Strong performance in Q4 2020 due to higher volumes and prices
16.02.2021  
11:05 Kernel asks AMCU for permission to buy CascadeAgro, 12 more farms of Khomutynnik
13.02.2021  
18:36 Ukraine: EIB provides 320 million EURO for COVID-19 vaccines and improvements in operational resilience at Boryspil International Airport
11.02.2021  
09:47 Soybean Buyers Turn Attention to Brazils 2021 Harvest
29.01.2021  
11:15 Global orange production for 2020/21 is forecast to rise 3.6 million MT from the previous year to 49.4 million
28.01.2021  
15:20 USDA attache increased its estimate for South Africas 2020/21 MY total corn crop by 14% to 16 million tons
26.01.2021  
17:10 Economy Ministry announces market agreement to limit corn export from Ukraine in 2020/2021 MY to 24 mln tonnes
13:33 China Lowers Applied MFN Tariff Rates and Revises Out of Quota TRQ Rates
21.01.2021  
11:28 Ukraine plans to return to sending IMF borrowing into NBU FX reserves by 2023 Finance minister
09:15 Honey exports from Ukraine increase in monetary terms by 27.2% in 2020

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2021 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com