Monday 03. November 2008
BASF preparing for tough business environment
Third quarter 2008: Strong sales growth (+13 percent, disregarding currency effects +18 percent) due to substantial price increases and volume growth Earnings improvement in operating segments (+7 percent) despite significantly higher raw material costs and impact of the hurricanes in the United States EBIT before special items of BASF Group declines 8 percent due to significant expenses in Other Focus on cash flow, operational excellence and sustainability – “NEXT” program to increase efficiency started: Earnings contribution of more than 1 billion per year as of 2012