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Sales of 55.8 billion euros is increase of 3.1 percent
October 25, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF raised sales in the third quarter of 2013 by 1.5% to around €17.7 billion despite significantly negative currency effects. This growth was mainly the result of increased volumes, particularly in the Oil & Gas segment. Income from operations (EBIT) before special items rose by €221 million to just under €1.7 billion. “Our business performance was robust in the third quarter of 2013. The increase in earnings was largely due to higher contributions from the Functional Materials & So...
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