BASF confirms outlook but warns of high uncertainty German chemicals giant BASF said today it was facing high levels of uncertainty from US tariffs and other countries' reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators. Business • 02 May
BASF confirms outlook but warns of high uncertainty German chemicals giant BASF said today it was facing high levels of uncertainty from US tariffs and other countries' reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators. Business • 02 May
BASF plans more cuts even as group profit set to rebound Germany's BASF will cut another €1 billion in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting the country's economic troubles. Business • 23 Feb 24
BASF plans more cuts even as group profit set to rebound Germany's BASF will cut another €1 billion in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting the country's economic troubles. Business • 23 Feb 24
BASF posts forecast-missing results for 2023 German chemicals giant BASF has today posted a 45% drop in 2023 earnings, worse than both the market view and its own projections, adding to the challenges to be faced by its CEO-designate. Business • 19 Jan 24
BASF posts forecast-missing results for 2023 German chemicals giant BASF has today posted a 45% drop in 2023 earnings, worse than both the market view and its own projections, adding to the challenges to be faced by its CEO-designate. Business • 19 Jan 24
Harbour Energy in $11bn deal for Wintershall assets Britain's Harbour Energy has agreed to buy Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with co-owners BASF and LetterOne that creates one of the world's biggest independent producers. Business • 22 Dec 23
Harbour Energy in $11bn deal for Wintershall assets Britain's Harbour Energy has agreed to buy Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with co-owners BASF and LetterOne that creates one of the world's biggest independent producers. Business • 22 Dec 23
Lone Star to buy BASF construction chemicals unit Private equity firm Lone Star has entered a deal to buy BASF's construction chemicals business for €3.17 billion on a cash and debt-free basis, the German chemicals company said. Business • 23 Dec 19
Lone Star to buy BASF construction chemicals unit Private equity firm Lone Star has entered a deal to buy BASF's construction chemicals business for €3.17 billion on a cash and debt-free basis, the German chemicals company said. Business • 23 Dec 19
BASF shares tumble amid profit warning BASF shares fell almost 7% early after an overnight profit warning in which the German chemicals giant citing trade friction forecast a 30% fall in adjusted annual operating profit instead of a rise. Business • 09 Jul 19
BASF shares tumble amid profit warning BASF shares fell almost 7% early after an overnight profit warning in which the German chemicals giant citing trade friction forecast a 30% fall in adjusted annual operating profit instead of a rise. Business • 09 Jul 19
BASF to buy seeds, herbicide businesses from Bayer BASF has agreed to buy significant parts of Bayer's seed and herbicide businesses for €5.9 billion in cash, the two companies said today. Business • 13 Oct 17
BASF to buy seeds, herbicide businesses from Bayer BASF has agreed to buy significant parts of Bayer's seed and herbicide businesses for €5.9 billion in cash, the two companies said today. Business • 13 Oct 17
BASF Q4 operating profit boosted by higher price Germany's BASF, the world's largest chemicals group by sales, forecast a rebound in earnings this year after higher petrochemical prices boosted profits in the final three months of 2016. Business • 24 Feb 17
BASF Q4 operating profit boosted by higher price Germany's BASF, the world's largest chemicals group by sales, forecast a rebound in earnings this year after higher petrochemical prices boosted profits in the final three months of 2016. Business • 24 Feb 17
BASF warns on its 2015 earnings BASF announced a €600m charge for the fourth quarter citing low oil prices and warned of lower-than-expected 2015 earnings, sending its shares lower today. Business • 27 Jan 16
BASF warns on its 2015 earnings BASF announced a €600m charge for the fourth quarter citing low oil prices and warned of lower-than-expected 2015 earnings, sending its shares lower today. Business • 27 Jan 16
BASF cuts 2015 targets on a weak China and Brazil BASF, the world's largest chemicals firm by sales, today lowered its full-year earnings guidance on weak sales in China, Brazil and other emerging markets. Business • 27 Oct 15
BASF cuts 2015 targets on a weak China and Brazil BASF, the world's largest chemicals firm by sales, today lowered its full-year earnings guidance on weak sales in China, Brazil and other emerging markets. Business • 27 Oct 15
BASF cuts forecasts on weak Europe Germany's BASF, the world's largest chemicals company by sales, cut its earnings forecasts and its projections for the broader market today. Business • 24 Oct 14
BASF cuts forecasts on weak Europe Germany's BASF, the world's largest chemicals company by sales, cut its earnings forecasts and its projections for the broader market today. Business • 24 Oct 14
BASF sales up on farm chemical demand Chemicals and oil company BASF said its net profit fell 15% in the first quarter from a year ago. Business • 26 Apr 13
BASF sales up on farm chemical demand Chemicals and oil company BASF said its net profit fell 15% in the first quarter from a year ago. Business • 26 Apr 13
BASF sees 2012 earns slip, but still ups dividend Higher raw materials costs and slow demand at BASF's basic chemicals business combined to push the company's earnings in 2012 lower Business • 26 Feb 13
BASF sees 2012 earns slip, but still ups dividend Higher raw materials costs and slow demand at BASF's basic chemicals business combined to push the company's earnings in 2012 lower Business • 26 Feb 13