BASF raises 2026 outlook after strong second quarter
EBITDA before special items reached €2.4 billion, driven by price and volume growth, while cost savings and divestitures advanced.
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Multinational chemical company
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In short: BASF reported a surge in profit and raised its 2026 outlook following a strong second quarter, despite logistical challenges from the Rhine.
EBITDA before special items reached €2.4 billion, driven by price and volume growth, while cost savings and divestitures advanced.
Submitted regulatory dossiers in Brazil and Australia, targeting market introductions around 2030, and controls both broadleaf weeds and grasses.
Sales process for approximately 3,300 residential units suspended due to changed market conditions.
Sales rose 16% to €17.2B, EBITDA before special items beat consensus at €2.4B, and free cash flow was -€0.2B.
Chemical giant BASF has issued a risk warning, stating that if the drought situation continues, there may be supply shortages ...
Crucial trade river near its lowest level in eight years as temperatures head towards 40C...
BASF raises its forecast after a strong quarter and launches a share buyback program. Analysts assess the development differently.
As part of its cost-cutting program, the chemical giant has already cut 7,000 jobs worldwide since 2024. Due to the Middle East war, on the other hand, it is currently benefiting from rising demand...
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