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Notes sales growth of 56% to €19.8 billion, with cash flows from operating activities of €2.5 billion, up €295 million over level of prior-year quarter.
July 28, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF reported its second quarter 2021 results. Sales growth was 56% to €19.8 billion,, with EBIT before special items increasing significantly to €2.4 billion. Cash flows from operating activities were €2.5 billion, up €295 million over level of prior-year quarter. The 2021 outlook for sales raised to between €74 billion and €77 billion and for EBIT before special items to between €7 billion and €7.5 billion. “The strong growth momentum of the previous two quarters has continued: Thanks to hig...
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