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BASF’s 3Q 2023 EBIT Before Special Items in Line with Analysts Consensus

Sales in Q3 2023 were €15.7 billion, with EBIT before special items in Q3 2023 of €0.6 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF Group’s sales in the third quarter of 2023 amounted to €15.7 billion, down by €6.2 billion compared with the prior-year period. The decline was mainly due to considerably lower prices, primarily in the Materials, Chemicals and Surface Technologies segments. Higher prices in the Agricultural Solutions segment had a positive effect. In addition, sales performance was weighed down by considerably lower volumes in all segments. “Sales volumes were considerably lower than in the prior-year...

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