Chemistry: BASF raises earnings forecast for 2026 again - quarter better than expected
The company is benefiting from the restructuring and further price increases in the third quarter. However, another topic is currently dominating - the struggle for a competitor.
BASF has reported a significant increase in its third-quarter earnings, driven by higher prices and slightly increased volumes. The company's adjusted operating profit (Ebitda) rose 15% to 1.64 billion euros, beating analyst expectations of 1.495 billion euros. BASF's revenue increased 14% to 16.4 billion euros. The company has raised its full-year targets, now aiming for an adjusted profit of 7.4-7.8 billion euros in 2026, up from the previous target of 6.9-7.7 billion euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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