Agricultural Solutions
In the Agricultural Solutions segment, we aim to further strengthen our market position as an integrated provider. Our offer comprises seeds and seed treatment products, as well as fungicides, herbicides, insecticides and biological solutions, complemented by digital farming solutions 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 reducing environmental impacts are what motivate us to innovate.
Tirexor®
Tirexor® is a new type of PPO (protoporphyrinogen oxidase) inhibitor herbicide specifically designed to control resistant weeds, including those resistant to other PPO inhibitors. To date, herbicide resistance has been discovered in 21 of the 31 herbicide sites of action1 available to growers worldwide. Tirexor® has successfully been launched in Australia and Canada and is currently in the registration process in other major markets. The herbicide contributes to the success of corn, soy and wheat farming and has an expected peak sales potential2 for conventional uses in the low three-digit million euro range. Its value is expected to grow substantially with the launch of PPO herbicide tolerant crops.
Discover Tirexor® at agriculture.basf.com
1 International herbicide-resistant weed database
2 Peak sales are the highest sales value to be expected from one year.
Factors influencing sales
EBIT before special items
| Million € | 2022 | 2021 | 2020 | 2019 |
| Sales to third parties | 10,280 | 8,162 | 7,660 | 7,814 |
| Share of total BASF sales (%) | 12 | 11 | 13 | 13 |
| Income from operations before depreciation, amortization and special items | 1,928 | 1,375 | 1,680 | 1,809 |
| Income from operations before depreciation and amortization (EBITDA) | 1,922 | 1,358 | 1,582 | 1,647 |
| EBITDA margin (%) | 18.7 | 16.6 | 20.7 | 21.1 |
| Income from operations (EBIT) before special items | 1,220 | 715 | 970 | 1,095 |
| EBIT before special items margin (%) | 11.9 | 8.8 | 12.7 | 14.0 |
| Income from operations (EBIT) | 1,221 | 696 | 582 | 928 |
| EBIT margin (%) | 11.9 | 8.5 | 7.6 | 11.9 |
| Return on capital employed (ROCE) (%) | 7.1 | 4.5 | 3.6 | 5.3 |