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BASF Reports Strong Start to 2021 Business Year

Sales growth of 16% to €19.4 billion, as EBIT before special items increases 42% to €2.3 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF reported a good start to its 2021 business year, as the company increased sales by €2.6 billion compared with the first quarter of 2020 to €19.4 billion. “We were able to carry over the tailwinds from the strong fourth quarter of 2020 into the first quarter of 2021,” said Dr. Martin Brudermüller, chairman of the Board of Executive Directors of BASF, expressing one of the core messages to shareholders at this year’s virtual Annual Shareholders’ Meeting. “BASF had a strong start to the year ...

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