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BASF Group Records Slight Sales and Earnings Growth in 2Q 2018

Sales of €16.8 billion are up 3%, and EBIT before special items of €2.4 billion is an increase of 5%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In the second quarter of 2018, BASF Group achieved a slight increase in sales and earnings.   “Compared with the second quarter of 2017, sales rose by €518 million to €16.8 billion,” said Dr. Martin Brudermüller, chairman of the Board of Executive Directors of BASF SE. This was driven by higher prices in all segments, particularly in Functional Materials & Solutions and Oil & Gas. In addition, with the exception of Performance Products, all segments achieved volumes growth. This was pa...

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