Flexible Electronics News

BASF Maintains Good Business Performance in Challenging Environment in First Half of 2013

First half 2013 sales of 38.1 billion euros is gain of 4 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion, thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the first half of 2013, sales reached around €38.1 billion, surpassing the level of the previous first half by 4%. EBIT before special items increased by 3% to more than €4 billion. “In light of the challenging conditions, our business performed well in the first...

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