BASF : Outlook low-end lifted on better H1, raised € 7bn mid-point (€ 6.9bn) in line with cons, mgmt sees rather upper end of € 7.2bn; July mirrors Q2
>Final Q2 in line, outlook raised at low-end, pointing to upper end - BASF's final Q2 results confirmed preliminary headline figures reported 11 July when EBIT bsi of € 2,339m came in 12% ahead of the consensus and flat y-o-y. Better H1 lifts low-end of guidance with € 100m higher mid-point of € 7.0bn in line with consensus of € 7.0bn, while management comments point rather towards upper end of € 7.2bn. Much stronger sales on pricing, Q2 volumes almost f...BASF is a chemical company based in Germany. Co. conducts its operations through five reportable segments: Chemicals, which comprises the Petrochemicals, Monomers and Intermediates divisions; Performance Products, which consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health and Performance Chemicals divisions; Functional Materials & Solutions, which comprises the Catalysts, Construction Chemicals, Coatings and Performance Materials divisions; Agricultural Solutions, which comprises the Crop Protection division; and Oil & Gas, which is composed of the Oil & Gas division.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.