Strong Core Business Performance
EBITDA before special items in core businesses increased by 18% compared to 2023, showcasing strong market positions and operational success.
Exceeding Free Cash Flow Forecast
Free cash flow reached approximately €750 million, surpassing the projected range of €100 million to €600 million.
Agricultural Solutions Segment Success
The Agricultural Solutions segment achieved strong volume growth in all crop protection indications, with considerable EBITDA increase in Q4.
Cost-Saving Programs on Track
BASF achieved a total annual cost reduction run rate of around €1 billion by the end of 2024, with targeted savings of €2.1 billion by 2026.
Portfolio Management Progress
The sale agreement for BASF's Decorative Paints business to Sherwin-Williams marks an important portfolio management step.