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EBIT expected to be €8.5 billion, up 36% compared with previous year.
January 19, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF announces preliminary, non-audited figures for the 2017 business year. As forecast by BASF, sales, income from operations (EBIT) before special items and EBIT are considerably above the level of the previous year. The earnings figures exceed analyst estimates significantly. Sales rose by 12% to €64.5 billion (2016: €57.6 billion). EBIT before special items for 2017 is expected to be €8.3 billion, 32% above the prior-year figure (2016: €6.3 billion). The year-on-year earnings growth is p...
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