TITLE

A robust BASF surveys more cyclical upside

AUTHOR(S)
Williams, Dede; Robinson, Simon
PUB. DATE
August 2006
SOURCE
ICIS Chemical Business;8/14/2006, Vol. 1 Issue 31, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the sales growth of BASF AG. BASF IS predicting full-year sales growth of 17% to €50 billion, after completing four big acquisitions up to July. The acquisitions are Engelhard, Degussa's construction chemicals business, Johnson Polymer, and biotechnology firm CropDesign. Cumulative sales over the first two quarters -- partly acquisition-related -- rose 20% to €25 billion, and earnings before interest, taxes and special items climbed 17% to €3.8 billion.
ACCESSION #
23158491

 

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