Industry News, Suppliers News

BASF Earnings in 3Q 2016 Above Analysts Estimates

Sales are €14.0 billion, with EBIT before special items in 3Q 2016 at €1.5 billion.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF is releasing preliminary figures for its business development in the third quarter of 2016. Sales are €14.0 billion (third quarter 2015: €17.4 billion). Income from operations (EBIT) before special items in the third quarter of 2016 is €1.5 billion (third quarter 2015: €1.6 billion) and EBIT is €1.5 billion (third quarter 2015: €1.9 billion). Preliminary third-quarter earnings of BASF Group and all segments are higher than average analysts’ estimates. The decrease in sales and earnings c...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters