Core Insights - BASF reported a decline in Q3 2025 sales to €15.23 billion, a decrease of 3.2% year-on-year, with net profit dropping by 40% to €172 million [1][2] - The decline in sales was attributed to adverse currency effects and price decreases, although surface treatment technology and agricultural solutions showed significant revenue increases [1][3] Financial Performance - Q3 2025 sales: €15.23 billion, down 3.2% from €15.74 billion in Q3 2024 [2] - Net profit: €172 million, down 39.9% from €287 million in Q3 2024 [2] - Adjusted EBITDA: €1.54 billion, down 4.8% year-on-year [2] - EBITDA margin before special items: 10.1% [2] Business Segment Performance - Surface Technologies sales: €2.30 billion, up 17.3% year-on-year, with EBITDA before special items increasing by 178.9% to €328 million [3][4] - Agricultural Solutions sales: €1.75 billion, down 5.4%, with EBITDA before special items rising by 63.3% to €80 million [3][4] - Nutrition & Care segment saw a significant EBITDA decline of 33.2% [3] Regional Sales Performance - Asia Pacific sales: €3.72 billion, slightly down 1.3%, with Greater China achieving €2.07 billion, up 5.1% [5][6] - European sales: €5.90 billion, a slight increase of 0.6% [6] Strategic Developments - BASF announced the sale of its automotive coatings business for €7.7 billion, retaining a 40% stake [6][7] - The company plans to reduce fixed costs by €150 million by 2028, up from an initial target of €100 million [7] - Recent partnerships include collaborations in smart energy storage and automotive materials innovation [8] Executive Changes - BASF appointed two new members to its executive board, effective May 1, 2026, as part of its ongoing strategic direction [9]