BASF : Q2 EBITDA 4% below cons on weak Ag; outlook confirmed with cons at mid-point. Solid
>Group volumes +0.5% y-o-y in Q2 (Q1 2024: +1%) as Ag weighed - 7% y-o-y decline in group sales in Q2 2024 was primarily pushed by 6.4% y-o-y decline in prices (Q1 2024: -10%) while volumes recovered by 0.5% (Q1: +1%), up 2.4% y-o-y if adjusted for base metals sales. -8.5% drop in AgSolutions sales volumes weighed. Group EBITDA bsi of € 1,957m 4% below consensus of € 2,046m on weak Ag - EBITDA bsi of € 1,957m in Q2 2024 came in 4% below the consens...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.