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BASF starts 2023 better than expected in a stagnating environment.
April 27, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
• Sales of €20.0 billion (minus 13.4 percent) • EBIT before special items of €1.9 billion (minus 31.5 percent) significantly above average analyst estimates • Outlook from February 24, 2023, unchanged for the 2023 business year “BASF started off 2023 better than analysts had expected – and in a stagnating and difficult economic environment,” said Dr. Martin Brudermüller, chairman of the Board of Executive Directors of BASF SE. The BASF businesses with customers in the agricultural and autom...
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