Finding the right balance for success
Rolf Reinecke
Senior Vice President
Global Strategic Marketing Agricultural Solutions
8th Annual Agriculture Conference - Bernstein, May 21, 2021
Cautionary note regarding forward-looking statements
This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. Such risk factors include those discussed in Opportunities and Risks on pages 158 to 166 of the BASF Report 2020. BASF does not assume any obligation to update the forward-looking statements contained in this presentation above and beyond the legal requirements.
2 May 21, 2021 | BASF Agricultural Solutions
BASF Group Q1 2021: Considerable volume growth in the Agricultural Solutions segment
Volume development by segment Q1 2021 vs. Q1 2020
absolute (million €) terms
Industrial | |
Solutions | |
Materials | 118 |
262 |
Chemicals
165
7% | 9% | 5% |
relative (%) terms
Agricultural | ||
Nutrition | Solutions | |
Surface | 197 | |
Technologies | & Care | |
39 | ||
708 | ||
16% | 3% | 7% |
Other
-31
| -4% |
Overall volume
1,458
- 9%
3 May 21, 2021 | BASF Agricultural Solutions
EBIT before special items of the Agricultural Solutions segment matched the strong level of the prior-year quarter
Sales Q1 2021 vs. Q1 2020 | EBIT before special items | ||||||||||||
million € | million € | ||||||||||||
3,000 | 2,846 | 1,000 | |||||||||||
2,819 | |||||||||||||
+1% | |||||||||||||
809 | 807 | ||||||||||||
800 | 0% | ||||||||||||
2,000
1,000
600
400
200 | ||||||||||||
0 | 0 | |||||||||||
Q1 2020 | Q1 2021 | Q1 2020 | Q1 2021 | |||||||||
Sales development | Volumes | Prices | Portfolio | |||
Q1 2021 vs. Q1 2020 | 7% | 2% | 0% |
Currencies
| -8% |
4 May 21, 2021 | BASF Agricultural Solutions
Farm to Fork: More than €100 billion market potential in future innovation markets
Farm to Fork:
Sustainable Agriculture
Green Deal EU 2030 targets
Reduce chemical plant protection by 50%
Reduce nutrient losses and fertilizer use > 20%
Reduce therapeutic antimicrobials by 50% (animal health)
Transform 25% of farmland into organic farming
Strategic Innovation Market | Global Market Potential 2030 (€ billion) | |
- Application technologies
- Digital services
- Precision farming
- Sustainable crop protection
- Seeds & traits
- Seed & post-harvest treatment
- Innovative farming
- Sustainable animal feed
- Greenhouse gas emission reduction
- Sustainable additives
- Alternative proteins
- Healthy nutrition
- Natural formulations
5 May 21, 2021 | BASF Agricultural Solutions
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BASF SE published this content on 21 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2021 12:06:00 UTC.