Global
Factbook
Agricultural Solutions
In the Agricultural Solutions segment, we aim to further strengthen our market position as an integrated provider of seeds, crop protection and digital solutions. Our connected offer comprises fungicides, herbicides, insecticides and biological solutions, as well as seeds and seed treatment products, complemented by digital products to help farmers achieve better yield. Our strategy is based on innovation-driven organic growth and targeted portfolio expansion through acquisitions. Customer needs, societal expectations and regulatory requirements are our innovation drivers.
In 2020, we announced BASF’s sustainability commitments in agriculture, focusing on four areas to help farmers find the right balance: climate-smart farming, sustainable solutions, digital farming and smart stewardship. By 2030, we will launch more than 30 major projects from our R&D pipeline across all business areas. These will provide sustainable solutions to help farmers achieve better yield in their farm operations and promote healthy eating, balancing economic, environmental and societal demands.
Factors influencing sales
EBIT before special items
| Million € | 2020 | 2019 | 2018 |
| Sales to third parties | 7,660 | 7,814 | 6,156 |
| Share of total BASF sales (%) | 13 | 13 | 10 |
| Income from operations before depreciation and amortization (EBITDA) before special items | 1,680 | 1,809 | 1,128 |
| Income from operations before depreciation and amortization (EBITDA) | 1,582 | 1,647 | 985 |
| EBITDA margin (%) | 21 | 21 | 16 |
| Income from operations (EBIT) before special items | 970 | 1,095 | 734 |
| EBIT before special items margin (%) | 13 | 14 | 12 |
| Income from operations (EBIT) | 582 | 928 | 591 |
| EBIT margin (%) | 8 | 12 | 10 |
| Return on capital employed (ROCE) | 3.6 | 5.3 | 5.1 |