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Sales grow to €15.6 billion (up 8%), largely driven by higher sales prices in all segments, with net income of €1.2 billion.
October 29, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
In the third quarter of 2018, BASF Group sales rose by 8% year on year to reach €15.6 billion. This was primarily attributable to higher sales prices in all segments. Volumes growth and the acquisition of the Bayer businesses in August 2018 also contributed to the sales increase. Income from operations (EBIT) before special items declined by €232 million to €1.5 billion, mainly due to the significantly lower contribution from the Chemicals segment. EBIT before special items also decreased cons...
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