UK Regulatory | 14 October 2009 10:51
BASF SE / Quarter Results
14.10.2009
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- Company announces preliminary third-quarter figures
- Sales EUR12.8 billion, income from operations (EBIT) before special items
EUR1.25 billion
Ludwigshafen, Germany - October 14, 2009 - BASF today announced first
figures for the third quarter of 2009. Sales were EUR12.8 billion and thus
19% less than in the same period of 2008 and 2.4% more than in the second
quarter of 2009. The preliminary figure for third-quarter income from
operations (EBIT) before special items was EUR1.25 billion, 20% less than
in the same period of 2008 and 9.5% more than in the second quarter of
2009. These figures exceed the consensus analysts' estimates available to
BASF. Furthermore, the integration of the former Ciba activities is
proceeding faster than expected and higher special charges will therefore
be included in the third quarter.
BASF will present its full third-quarter results including all earning
figures at its Fall Conference Call on October 29, 2009.
The earnings improvement in the third quarter reflects BASF's operational
strength. Restructuring measures and efficiency programs are showing effect
thanks to the excellent performance of the BASF team worldwide. Impulses
for growth are coming from Asia, especially China, as well as from parts of
South America. Overall, markets have stabilized at a low level. The
recovery is slow and remains fragile.
Jennifer Moore-Braun
Phone: +49 621 60-99123
Fax: +49 621 60-92693
jennifer.moore-braun@basf.com
14.10.2009 financial News transmitted by DGAP
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Language: English
Company: BASF SE
Carl-Bosch-Straße 38
67056 Ludwigshafen
Deutschland
Phone: +49 (0)621 60-0
Fax: +49 (0)621 60-4 25 25
E-mail: info.service@basf.com
Internet: www.basf.com
ISIN: DE0005151005, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0EUB86, Frankfurter Wertpapierbörse, DE0008846718, Frankfurter Wertpapierbörse, DE000A0XFK16, Börse Luxemburg, Frankfurter Wertpapierbörse, XS0420401779, Börse Luxemburg, XS0412154378, Börse Luxemburg, Frankfurter Börse, DE000A0T4DU7,Börse Luxemburg, Frankfurter Börse, CH0039943292, Swiss Exchange (SWX), CH0039943383, Swiss Exchange (SWX), DE000A0TKBM, Börse Luxemburg, Frankfurter Börse, XS0414672070, Börse Luxemburg, ,
Indices: DAX, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Frankfurt (Prime
Standard), Düsseldorf, München, Hannover, Stuttgart,
Hamburg; Terminbörse EUREX; Foreign Exchange(s) London,
SWX
Category Code: QRT
LSE Ticker: BFA
Sequence Number: 299
Time of Receipt: Oct 14, 2009 10:17:51
End of News DGAP News-Service
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