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Sales increased 11.1% to €87.3 billion, although free cash flow declined 10.2% to €3.3 billion.
February 24, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF Group has shown resilience in the 2022 business year in a challenging market environment that was dominated by the consequences of the war in Ukraine and in particular by increased raw material and energy prices. As Dr. Martin Brudermüller, chairman of the Board of Executive Directors, and CFO Dr. Hans-Ulrich Engel explained during the presentation of the figures for 2022, BASF increased sales by 11.1% to €87.3 billion. Sales growth was mainly driven by higher prices across almost all se...
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