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News BASF reports results for first-half FY2024

BASF reports results for first-half FY2024

Written by Global Gypsum staff
29 July 2024
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Germany: Chemicals company BASF's sales fell by 19% year-on-year to €37.3bn in the first half of the 2024 financial year (FY2024). Its earnings before interest, taxation, depreciation and amortisation (EBITDA) declined by 34% to €4.72bn. As a result, the company now anticipates full-year sales of €73 – 76bn in FY2024, down from the previously forecast €84 – 87bn. It revised its earnings forecast to €4 – 4.4bn, from €4.8 – €5.4bn previously. At the same time, it increased its anticipated reduction in CO₂ emissions for the year. It now expects to generate 17 – 17.6Mt of CO2 from its operations, down from its previously forecast 18.1 – 19.1Mt.

Published in Global Gypsum News
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  • Germany
  • BASF Construction Chemicals
  • construction chemicals
  • Additives
  • Results
  • outlook
  • CO2
  • emissions
  • sustainability
  • Forecast

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