• Wed, Jul. 27, 9:10 AM
    | Wed, Jul. 27, 9:10 AM
  • Fri, Apr. 29, 8:45 AM
    | Fri, Apr. 29, 8:45 AM
  • Fri, Feb. 26, 8:38 AM
    | Fri, Feb. 26, 8:38 AM
  • Wed, Jan. 27, 4:26 AM
    • Novartis' (NYSE:NVS) fourth quarter earnings missed expectations as the group prepared to overhaul its Alcon eyecare division.
    • Royal Bank of Scotland (NYSE:RBS) warned it would slump to yet another full-year loss after it put aside £2.5B to cover a slew of regulatory issues.
    • Strength in its U.K. business helps Santander (NYSE:SAN) offset weakness in Latin America and Spain, with Q4 earnings coming roughly in line with expectations.
    • Ericsson (NASDAQ:ERIC) reported a 67% increase in quarterly net profit, helped by a stronger dollar and higher revenue from a new global license deal with Apple.
    • BASF (OTCQX:BASFY) issued a profit warning, knocked down by lower oil and gas prices, which have led to write-downs of its energy business.
    | Wed, Jan. 27, 4:26 AM | 1 Comment
  • Oct. 27, 2015, 10:17 AM
    • Net profit of €1.2B, compared with €1.01B for the same period last year, largely driven by gains from the recent asset swap with Gazprom. EBIT before one-time items fell 10% to €1.6B.
    • Sales dropped 5% to €17.4B, hurt by weakness at its basic chemicals division and economic slowdown in China.
    • Citing soft growth in the emerging markets, BASF (OTCQX:BASFY -5.3%) lowered its full-year earnings guidance, and now expects a "slight decrease" in EBIT before special items compared with 2014.
    | Oct. 27, 2015, 10:17 AM
  • Feb. 27, 2015, 7:03 AM
    • Despite a plunge in oil prices that cut into earnings at its oil and gas division, strong growth in BASF’s (OTCQX:BASFY) core chemicals business allowed the company to post a 25% rise in income for the fourth quarter.
    • Net profit came in at €1.42B ($1.59B), compared with €1.13B a year earlier.
    • BASF also said it expects a slight increase in group sales for 2015, and for EBITDA to match the level it achieved in 2014, at €7.36B.
    | Feb. 27, 2015, 7:03 AM
  • Oct. 24, 2014, 7:54 AM
    • Net profit of €1.04B vs. €1.1B billion in the same period a year ago.
    • Revenue by segment: Chemicals flat; Performance Products flat; Functional Materials & Solutions +2%; Agricultural Solutions -3%; Oil & Gas +17%; Other +3%.
    • The company lowered its EBITDA forecast for 2015 to be between €10-€12B, down from an initial target of €14B.
    | Oct. 24, 2014, 7:54 AM | 1 Comment
Company Description
At BASF, we create chemistry and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world's leading chemical company, we combine economic success with environmental protection and social... More
Industry: Chemicals - Major Diversified
Country: Germany