Agricultural Solutions Q3 2019 The Agricultural Solutions segment recorded considerable sales growth compared with the third quarter of 2018. This was primarily attributable to higher volumes, especially in the region South America, Africa, Middle East, as well as to portfolio effects from the acquisition of significant businesses and assets from Bayer in August 2018.1 Currency effects also contributed to the sales increase. A lower price level had an offsetting effect. (XLS:) Download Factors influencing sales in Q3 2019 – Agricultural Solutions Volumes 21% Prices (6%) Portfolio 8% Currencies 3% Sales 26% In Europe, sales were at the level of the prior-year quarter. Portfolio effects were able to offset lower sales volumes for herbicides and fungicides, mainly as a result of a decline in cultivation area for canola (oilseed rape), as well as a lower price level and negative currency effects. We slightly increased sales in North America. Higher sales volumes, portfolio effects and positive currency effects were able to more than offset the significantly lower price level. In Asia, sales were considerably above the level of the third quarter of 2018 due to volumes growth, especially for herbicides, and positive portfolio effects. Positive currency effects also contributed to the increase in sales. Sales in the region South America, Africa, Middle East rose considerably. We significantly increased sales volumes, especially in Brazil and here mainly for fungicides thanks to a very good start to the season. Sales development was supported by a higher price level, portfolio effects and positive currency effects. Income from operations (EBIT) before special items increased considerably compared with the third quarter of 2018. This was mainly driven by higher sales. 1 In the third quarter of 2019, the sales contribution from the acquired businesses is still reported pro rata as a portfolio effect in our analysis of sales effects since the acquisition of significant businesses and assets from Bayer was closed in August 2018. The volumes, price and currency effects refer to BASF’s legacy business and the acquired activities on a pro rata basis. (XLS:) Download Segment data – Agricultural Solutions (Million €) Q3 January–September 2019 2018 +/– 2019 2018 +/– a Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and reversals of impairments) b Additions to intangible assets and property, plant and equipment Sales to third parties 1,561 1,243 26% 6,006 4,472 34% Income from operations before depreciation, amortization and special items 250 113 121% 1,458 940 55% Income from operations before depreciation and amortization (EBITDA) 220 79 178% 1,368 881 55% Depreciation and amortizationa 177 118 50% 524 244 115% Income from operations (EBIT) 43 (39) . 844 637 32% Special items (30) (34) 12% (90) (59) (53%) EBIT before special items 73 (5) . 934 696 34% Assets (September 30) 17,135 15,625 10% 17,135 15,625 10% Investments including acquisitionsb 179 7,152 (97%) 295 7,229 (96%) Research and development expenses 215 181 19% 613 424 45% back next