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BASF's sales in the second quarter were 19.753 billion euros, a year-on-year increase of 55.8%

 Last Update: 2021-08-05
 Source: Internet
 Author: User

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Sinochem New Network News BASF Group released preliminary data for the second quarter of 2021 on July 9.
Sales in the second quarter increased by 55.
8% from the same period last year to 19.
753 billion euros (12.
680 billion euros in the second quarter of 2020)
.
This is mainly due to a 35% increase in prices and a 28% increase in sales.

Previous analysts averaged forecasts of BASF Group’s sales of 17.

In the second quarter of 2021, BASF Group's business operations maintained a strong growth momentum since the fourth quarter of 2020
.
Earnings before interest and taxes excluding special items are estimated to be 2.

355 billion euros, a significant increase from the 226 million euros in the same period last year that was mainly affected by the epidemic

The BASF Group’s pre-interest and tax earnings for the second quarter of 2021 is expected to be 2.
316 billion euros, a significant increase from the 59 million euros in the same period last year affected by the epidemic
.

In the first half of 2021, BASF Group's sales were 39.
153 billion euros; EBIT before special items was 4.
676 billion euros
.

Based on the strong business development in the first half of the year, BASF has raised its full-year outlook.
It is estimated that sales in 2021 will reach 74 to 77 billion euros, compared with the previous forecast of 68 to 71 billion euros
.
Earnings before interest and taxes, excluding special items, are forecast at 7 to 7.

5 billion euros

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