Germany-based BASF has announced its financial results for 2004 on March 9, 2005, showing that the company has faced up to the challenges of the year to report increases in both sales and earnings.

BASF increased sales overall by 13% to €37.5 billion. Income from operations before special items rose significantly by 64% to €4.9 billion. Sales and earnings increased in all segments. Earnings were positive in all divisions. The performance of the chemicals segment was particularly strong, with sales rising by 22% and EBIT before special items by 167%.

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