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Reports sales of 18.3 billion euros, an increase of 3 percent
October 24, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF Group’s sales grew by 3% compared with the previous third quarter, reaching €18.3 billion. A sharp rise in volumes in the Natural Gas Trading business sector was mainly responsible for this growth. Income from operations (EBIT) before special items increased by €150 million to around €1.8 billion. The primary contributors to this development were the Chemicals and Oil & Gas segments, together with Other. The increase was dampened by a considerable earnings decline in the Agric...
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