Watch CNBC's full interview with BASF CEO Markus Kamieth
Markus Kamieth, CEO of BASF, discusses the firm's full-year earnings, the German election and the chemical industry.
BASF: Moving To A Neutral Rating
BASF's strategic shift includes exiting the Brazilian decorative paints business and the upcoming Agricultural Solutions IPO, aiming for EPS accretive moves. The new CEO's Fiscal Year 2025 EBITDA guidance is below Wall Street estimates. In our numbers, BASF FCF will not be sufficient to cover the company's shareholders' remuneration. Given the challenging macro environment and a lower DPS, we moved the BASF rating to neutral.
BASF SE (BASFY) Q4 2024 Earnings Call Transcript
BASF SE (OTCQX:BASFY) Q4 2024 Earnings Conference Call February 28, 2025 3:30 AM ET Company Participants Stefanie Wettberg - Senior Vice President, Investor Relations Markus Kamieth - Chief Executive Officer Dirk Elvermann - Chief Financial Officer Conference Call Participants Thomas Wrigglesworth - Morgan Stanley Christian Faitz - Kepler Cheuvreux Chetan Udeshi - JPMorgan Cazenove Laurent Favre - BNP Paribas Exane Alex Stewart - Barclays Capital, Inc. Tony Jones - Redburn Atlantic Sebastian Bray - Berenberg Peter Clark - Bernstein Andreas Heine - Stifel Matthew Yates - Bank of America Stefanie Wettberg Good morning ladies and gentlemen. Welcome to BASF's Conference Call for Analysts and Investors on the Fourth Quarter and Full-Year 2024 Results.
BASF Invests in New Alcoholates Plant at Ludwigshafen Site
BASF is a significant supplier of alcoholates used in a variety of applications.
4 High-Yield Dividend Stocks Could Benefit From a Russia-Ukraine Ceasefire
The full-scale invasion of Ukraine by Russia on February 24, 2022, was the expansion of a war between the two countries that had begun in February 2014, when disguised Russian troops covertly invaded and took control of the Ukrainian autonomous republic of Crimea.
BASF Offers Basotect EcoBalanced to Reduce Product Carbon Footprint
BASFY's Basotect EcoBalanced has up to 50% less product carbon footprint than the relevant BASF standard grades.
BASF Expands Portfolio With ZeroPCF Superabsorbent Polymer
BASFY offers the first polyacrylate-based SAP with a product carbon footprint of zero for the hygiene industry.
BASF Coatings Deploys 100% Renewable Electricity at Key Sites
The transition to renewable electricity will result in a considerable decrease in CO2 emissions, benefiting BASFY's operations.
New Strong Sell Stocks for January 27th
BASFY, BNPQY and BAX have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2024.
BASF Sells Styrodur Business to Focus on Expandable Polystyrene
BASFY strategically divests Styrodur business to focus on the expandable polystyrene market through brands, Neopor and Styropor.
BASF Expands Production of Ammonium Chloride at Ludwigshafen Plant
The start-up of BASFY's expanded production plant marks a significant milestone in the future supply of ammonium chloride to its customers.
BASF Expands its Sustainable Product Portfolio in Lemforde
BASFY's mass balancing methodology helps its customers achieve their environmental goals.
