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Sales increased by 8% in the fourth quarter of 2020 to €15,905 million.
January 21, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF has released preliminary figures for the fourth quarter of 2020 and the full year 2020. Sales increased by 8% in the fourth quarter of 2020 to €15,905 million (Q4 2019: €14,686 million). This was mainly driven by higher volumes and prices; negative currency effects had an offsetting effect. Full year 2020 sales declined by €167 million to €59,149 million (2019: €59,316 million) and were thus above the €57 billion to €58 billion range forecast in October 2020. The BASF Group’s operating bu...
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