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BASF Group Posts Earnings Growth in 1Q 2018

Company reports sales of €16.6 billion, EBIT of €2.5 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF reported its fiscal results for the first quarter of 2018.   “We were pleased with the development in the first quarter of 2018, we have had a good start to the year,” said Dr. Kurt Bock, chairman of the Board of Executive Directors of BASF SE. At €2.5 billion, income from operations (EBIT) before special items in the first quarter of 2018 was €55 million higher than in the same period of the previous year. This was mainly due to the significant improvement in earnings in the Chemicals an...

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