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BASF interim report 2nd Quarter: BASF confirms outlook for 2012 despite growing economic risks

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• 2nd quarter 2012:
  o Sales up 6% and EBIT before special items up 11% compared with previous year’s quarter
  o Strong business in Agricultural Solutions
  o Significant decrease in growth in China
• Outlook full year 2012: increase in sales and earnings targeted

Ludwigshafen, Germany – July 26, 2012 – BASF’s business performed solidly in the second quarter. The company improved sales by 6% to €19.5 billion and income from operations (EBIT) before special items increased by €253 million to €2.5 billion. While sales volumes declined in the chemicals business, which comprises the Chemicals, Plastics, Performance Products and Functional Solutions segments, the main contribution came from the strong performance of the Agricultural Solutions and Oil & Gas segments. In the first half of 2012, sales were €40.1 billion, 6% more than in the same period of the previous year. At over €5 billion, EBIT before special items matched the level of the first half of 2011.
 
You can obtain further information from the internet at the following addresses:
 
Full version of the press release is available on:
basf.com/press release (English)
basf.com/pressemitteilungen (German)
 
Interim Report (from 7:00 a.m. CEST)
basf.com/interimreport (English)
basf.com/zwischenbericht (German)
 
Speech – print version (from 9:00 a.m. CEST)
basf.com/pcon (English)
basf.com/pk (German)

 

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