Industry News, Suppliers News

BASF Group Reports 3Q 2019 Results

EBIT before special items declines to €1.1 billion, primarily due to significantly lower earnings contributions from Chemicals and Materials.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF Group sales in the third quarter of 2019 declined slightly year on year and amounted to €15.2 billion. This was mainly attributable to lower prices in the Materials and Chemicals segments. The uncertainties in the market and cautious ordering by customers also played a role. Demand from key customer sectors did not recover. Nevertheless, BASF was able to keep its sales volumes at the level of the prior-year quar-ter thanks mainly to higher volumes in the Agricultural Solutions and Surface ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters