Basf ETR: BAS said second-quarter earnings rose sharply as higher prices, volume growth and lower cash fixed costs lifted results across most of its businesses, prompting the chemicals group to raise its full-year EBITDA outlook.
BASF reported higher revenue and a jump in net profit for the first six months of the year, benefitting from a multi-billion euro disposal gain from its coatings division deal with Carlyle.
BASF pauses the sale of 3,300 apartments as high interest rates and real estate volatility undermine value, while condominium sales continue.
| Chemicals Industry | Materials Sector | Markus Kamieth CEO | OTCQX Exchange | 055262505 CUSIP |
| DE Country | 111,408 Employees | 5 May 2026 Last Dividend | 2 Jul 2008 Last Split | - IPO Date |
BASF SE is a global powerhouse in the chemical sector, boasting a comprehensive portfolio that spans across a wide range of industries worldwide. Founded in 1865, the company is headquartered in Ludwigshafen am Rhein, Germany, and has meticulously segmented its operations to cater to diverse market needs effectively. These segments include Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions, each tailored to deliver specialized products and services. BASF SE not only excels in chemical production but also engages in engineering, rental and leasing, as well as commodity trading activities, showcasing its diversified business model.