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BASF records 7% growth in first quarter

BASF’s agricultural solutions division recorded revenue growth of 7.4% in the first quarter of 2011 to €1,230 million ($1,761 million at the current rate). A 2% decline in prices was more than offset by volume growth of 8% and currency benefits of 1%. An early start to the season in the northern hemisphere and the related increase in demand for fungicides led to the growth.



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