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BASF Q4 up 5%, 2009 up 7%

Higher sales volumes of fungicides and insecticides helped BASF’s agricultural solutions division finish the fourth quarter of 2009 with a 5.2% increase in revenues to €703 million ($957 million at the current rate) on the previous final quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) displayed a marginal 1% growth to €100 million ($136 million), whereas EBIT went down by over 19%.

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