Next major corporation withdraws from Europe
• Sales: €87.3 billion (plus 11.1 percent)
• EBIT before special items: €6.9 billion (minus 11.5 percent)
• Presentation of concrete measures to save costs in Europe and to adapt Verbund structures in Ludwigshafen
BASF increased sales by 11.1 percent to €87.3 billion. Sales growth was mainly driven by higher prices across almost all segments due to an increase in raw materials and energy prices. The Materials and Chemicals segments implemented the highest price increases.
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