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February 21, 2008

BASF Reports Fourth-Quarter Operating Income Down

Kerri Walsh

BASF reported fourth-quarter net income up 8.3%, to €793 million ($1.7 billion), on sales up 1.6%, to €17.7 billion. Operating income fell 3.4%, to €1.6 billion. The chemicals business’s operating income before special items fell 47%, to €314...

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