A bumper year for BASF and few clouds in sight

Davis, Nigel
March 2007
ICIS Chemical Business;3/5/2007, Vol. 2 Issue 56, p19
Trade Publication
The article comments on how another bumper year has prompted the management of BASF to extend its share buybacks and lift the dividend. The author said that the share price increased after the results announcement reflected better than expected performance, a strong outlook and the higher payout. The company faces the potential threat to its earnings power from lower-priced oil. The true test for BASF will come in the chemicals and plastics segments when markets start to turn down.


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