BASF Group: EBIT Before Special Items Declines Despite Better Development in All Downstream Segments
February 29, 2020
February 29, 2020
FLORHAM PARK, New Jersey, Feb. 29 -- BASF, a producer of chemicals, plastics, performance products and crop protection products to oil and gas, issued the following news release:
BASF generated sales of Euros 59.3 billion in the 2019 business year; the slight decline in sales compared with the previous year resulted from lower volumes and prices. Income from operations (EBIT) before special items was Euros 4.5 billion, down by Euros 1.7 billion from the prior-year level as a result . . .
BASF generated sales of Euros 59.3 billion in the 2019 business year; the slight decline in sales compared with the previous year resulted from lower volumes and prices. Income from operations (EBIT) before special items was Euros 4.5 billion, down by Euros 1.7 billion from the prior-year level as a result . . .