BASF Group business review 3rd quarter 2012
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After a solid first half, the BASF Group maintained good business performance in the third quarter. The increased sales was by 8% to €19 billion, particularly due to higher volumes. Sales volumes grew principally as a result of increased crude oil production. Positive currency effects also contributed to sales growth.
At just under €2.1 billion, income from operations before special items was €106 million above the level of the third quarter of 2011. The higher contribution from the Oil & Gas segment and our successful business with crop protection products more than offset lower earnings in the chemicals business.