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Sales of €16.2 billion are up 3%, with EBIT before special items down 24% at €1.7 billion.
May 6, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF reported its first quarter 2019 results. “In the first quarter of 2019, BASF Group sales rose by 3% year on year to €16.2 billion,” said Dr. Martin Brudermüller, chairman of the Board of Executive Directors of BASF SE, at the company’s Annual Shareholders’ Meeting. Compared with the first quarter of 2018, income from operations (EBIT) before special items declined by €549 million to €1.7 billion. “As expected, this is primarily due to the considerably lower contributions from the Mat...
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