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Sales of €16.9 billion are up 19%, while EBIT before special items was €2.5 billion, up 29%.
April 27, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF completed the first quarter of 2017 with a considerable rise in sales and earnings compared to the same quarter of last year. BASF Group’s sales rose by 19% in the first quarter of 2017 to €16.9 billion. In all segments, the positive volume trend seen in previous quarters was maintained and led to growth of 8% in sales volumes. Furthermore, BASF achieved significantly higher sales prices (up 8%), especially in the Chemicals segment. Currency effects and the Chemetall business acquired f...
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