BASF Report 2023

Business Review by Segment

Segment overview (Million €)

 

Sales

Income from operations before depreciation, amortization and special items (EBITDA before special items)

Income from operations (EBIT) before special items

 

2023

2022

2023

2022

2023

2022

Chemicals

10,369

14,895

1,167

2,774

361

1,956

Materials

14,149

18,443

1,650

2,686

826

1,840

Industrial Solutions

8,010

9,992

965

1,437

625

1,091

Surface Technologies

16,204

21,283

1,520

1,464

938

902

Nutrition & Care

6,858

8,066

565

1,067

107

618

Agricultural Solutions

10,092

10,280

2,270

1,928

1,563

1,220

Other

3,220

4,368

–466

–594

–614

–749

BASF Group

68,902

87,327

7,671

10,762

3,806

6,878

 

 

 

 

 

 

 

 

Income from operations (EBIT)

Assets

Investments including acquisitionsa

 

2023

2022

2023

2022

2023

2022

Chemicals

364

1,758

11,468

10,481

2,706

1,701

Materials

378

1,776

9,716

10,864

1,083

880

Industrial Solutions

660

1,097

5,576

6,318

285

322

Surface Technologies

366

612

12,657

14,899

621

740

Nutrition & Care

119

605

7,496

8,038

765

642

Agricultural Solutions

1,131

1,221

16,089

17,071

353

414

Other

–778

–523

14,393b

16,803b

195

268

BASF Group

2,240

6,548

77,395

84,472

6,006

4,967

a

Additions to property, plant and equipment

b

Includes assets of businesses recognized under Other and reconciliation to assets of the BASF Group

Contributions to EBITDA before special items by segment and Other in 2023

Contributions to EBITDA before special items by segment and Other in 2023 (bar chart)

Contributions to assets by segment and Other in 2023

Contributions to assets by segment and Other in 2023 (bar chart)
Salesa (Million €)

 

Q1

Q2

Q3

Q4

 

2023

2022

2023

2022

2023

2022

2023

2022

Chemicals

2,833

4,004

2,679

4,349

2,430

3,793

2,427

2,749

Materials

3,844

4,821

3,609

4,862

3,349

4,715

3,348

4,045

Industrial Solutions

2,143

2,493

2,050

2,643

1,948

2,687

1,869

2,169

Surface Technologies

4,578

5,457

4,226

5,446

3,887

5,333

3,514

5,047

Nutrition & Care

1,826

1,971

1,712

2,074

1,688

2,123

1,631

1,898

Agricultural Solutions

3,891

3,397

2,231

2,459

1,744

2,142

2,227

2,282

Other

877

940

799

1,142

689

1,153

855

1,133

BASF Group

19,991

23,083

17,305

22,974

15,735

21,946

15,871

19,323

a

Quarterly results not audited

Income from operations (EBIT) before special itemsa (Million €)

 

Q1

Q2

Q3

Q4

 

2023

2022

2023

2022

2023

2022

2023

2022

Chemicals

241

858

202

853

47

323

–129

–79

Materials

243

751

265

668

158

277

161

144

Industrial Solutions

216

348

124

323

122

299

162

120

Surface Technologies

263

267

230

227

257

239

188

170

Nutrition & Care

82

244

33

213

–15

180

7

–19

Agricultural Solutions

1,260

868

213

223

53

7

37

122

Other

–373

–518

–60

–168

–46

22

–135

–85

BASF Group

1,931

2,818

1,007

2,339

575

1,348

292

373

a

Quarterly results not audited

Contributions to total sales by segment and Other in 2023

Contributions to total sales by segment and Other in 2023 (bar chart)

Contributions to EBIT before special items by segment and Other in 2023

Contributions to EBIT before special items by segment in 2023 (bar chart)
Income from operations (EBIT)a (Million €)

 

Q1

Q2

Q3

Q4

 

2023

2022

2023

2022

2023

2022

2023

2022

Chemicals

240

857

213

851

46

322

–134

–272

Materials

246

749

228

650

108

272

–205

105

Industrial Solutions

197

343

195

310

113

309

156

135

Surface Technologies

230

260

190

81

194

197

–248

75

Nutrition & Care

80

246

61

209

–24

178

2

–28

Agricultural Solutions

1,261

863

208

210

41

–1

–380

149

Other

–388

–534

–121

40

–83

17

–186

–46

BASF Group

1,867

2,785

974

2,350

394

1,294

–995

119

a

Quarterly results not audited

Contributions to EBIT by segment and Other in 2023

Contributions to EBIT by segment and Other in 2023 (bar chart)

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