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   News - Market analysis
BASF sales down in 2015
Post Date: 2016-01-28     Clicking number: 168     Size of Characters:Big Middle Small 

Chemicals giant BASF reports that its sales and income from operations (EBIT) before special items for the full year 2015 are slightly below the level of the previous year.

Sales declined by 5% to 70.4 billion (2014: 74.3 billion) and EBIT before special items in 2015 is expected to be 6.7 billion (2014: 7.4 billion).

According to the company, the decrease in sales is primarily due to the divestiture of the natural gas trading and storage activities and the decline in EBIT before special items is due in particular to significantly lower earnibst2255贝斯特 ngs in the oil & gas and chemicals segments in the fourth quarter of 2015 compared with the same period of 2014.

For the full year 2015, EBIT of BASF Group is expected to be 6.2 billion. This decline compa贝斯特bst2255手机版 red with the level of the previous year (2014: 7.6 billion) is mainly due to impairments in the oil & gas segment, BAS贝斯特bst2255手机版 F says, following strong decline in oil and gas prices in the past months.贝斯特bst2255官网26fizz.net 

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