BASF (DE: BASFN) presented its figures this Friday, surpassing earnings expectations. The company was unable to meet the sales forecast.
The company reported earnings per share of € 1.65. Sales amounted to € 16.18B. Economists surveyed by Investing.com had anticipated earnings per share of € 1.48 ahead of quarterly figures, while sales were estimated at € 16.25B.
The company reported earnings per share of € 0.66 and revenues of € 15.59B in the previous quarter.
BASF shares traded 0.77% in intraday trading to € 72.885.
Extrapolated to the year, BASF shares are up 20%, outperforming the Euro Stoxx 50, which is 17% up.
BASF pays it to other companies in the “Commodities” area in this report
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