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BASF Reports Continued Strong Performance in Q3 2021

Compnay notes considerable sales growth of 42% to €19.7 billion, with EBIT before special items up significantly to €1.9 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF Group’s strong business development continued in the third quarter of 2021 as demand for BASF’s products remained solid over the summer months. At €19.7 billion, sales were €5.9 billion higher than in the prior-year quarter. This was largely attributable to higher prices in all segments, especially in Chemicals, Surface Technologies and Materials. The sales growth was also due to a significant increase in volumes in almost all segments. At €1.9 billion, income from operations (EBIT) befor...

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