in this issue
Regions :: Western Europe :: Germany
BASF Reports Lower Net Earnings, Cites Slowdown in China; Maintains Full-Year Outlook
8:58 AM MDT | July 26, 2012 | Ian Young
BASF reported a 15.5% decrease in second-quarter 2012 net profits compared with the corresponding period of 2011, to €1.2 billion on sales up 5.5% year-on-year, to €19.5 billion. Adjusted earnings per share (EPS) declined almost 9%, to €1.60. Second-quarter operating income (EBIT) before special items rose 11%, to €2.5 billion. Sales volumes declined in BASF's chemicals business—comprising the chemicals, plastics, performance products, and functional solutions segments—but the company achieved growth in its oil and gas segment...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: