BASF swings to 2022 loss, booking €7.9B in Russia related impairments

Jan. 17, 2023 6:36 PM ETBASF SE (BASFY)BFFAFBy: Carl Surran, SA News Editor15 Comments

Behind the scenes of Antwerp port

Mark Renders/Getty Images News

BASF (OTCQX:BASFY) (OTCQX:BFFAF) said Tuesday it swung to a full-year net loss of €1.38B from a 2021 profit of €5.52B, according to preliminary figures, well below analyst consensus estimate of a €4.77B profit.

Full-year EBIT

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