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Free cash flow of €1.5 billion is up €551 million compared with prior-year quarter.
July 29, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
As expected, the economic effects of the corona pandemic had a much stronger impact in the second quarter of 2020 than in the first quarter of this year. Customer industries were affected to varying degrees: BASF was particularly negatively impacted by the collapse in demand from the automotive industry, while demand from the detergent and cleaner industry and the food industry was stable. BASF was able to continue production at all important sites worldwide. “The corona pandemic is still a hug...
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