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EBIT before special items expected to be €226 million.
July 10, 2020
By: Anthony Locicero
Copy editor, New York Post
BASF has released preliminary figures on business development in the second quarter of 2020. Sales declined by 12.4% in the second quarter of 2020 to €12,680 million (Q2 2019: €14,478 million). EBIT before special items, which reflects the development of the BASF Group’s operating business in the second quarter of 2020, amounted to an expected €226 million, above market expectations and in the range indicated by BASF, but considerably below the figure for the prior-year quarter (Q2 2...
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