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BASF Group Releases Preliminary Figures for FY 2023

Sales and EBIT before special items are below the ranges forecasted by BASF and slightly below the respective analyst consensus.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Expected BASF Group sales for the full year 2023 of €68,902 million are below the range of €73 billion to €76 billion forecasted by BASF and below average analyst estimates for 2023 (Vara: €70,579 million). Sales in 2022 amounted to €87,327 million. Expected income from operations (EBIT) before special items of €3,806 million in 2023 is below the range of €4.0 billion to €4.4 billion forecasted by BASF and below the level of average analyst estimates for 2023 (Vara: €3,934 million). EBIT befo...

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