EnergyWatch

BASF loses EUR 2.1bn, downgrades

Last year, the German chemical giant booked a profit of EUR 911 million in the same period.

Photo: PR / BASF/www.basf-schwarzheide.de

German chemical company BASF books a revenue post of EUR 13.8 billion for the third quarter of this year.

That's EUR 745 million less in revenue than the same period of 2019, and the reduction, the company says, is due to negative currency effects in all segments, but especially within Agricultural Solutions and Surface Technologies.

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