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BASF top news
Strong footprint in all regions gives BASF resilience; EBITDA before special items nearly at prior-year quarter level
“In the first quarter of 2025, BASF held its position in an increasingly challenging environment. EBITDA before special items was at about the level of the prior-year quarter and was in line with average analyst estimates,” said BASF’s Chief Financial Officer Dr. Dirk Elvermann at the presentation of the first-quarter results in a conference call for analysts and investors. He stressed the economic benefits of having production assets in all key regions worldwide. In light of the recent market developments around the U.S. tariff announcements, Elvermann said: “We produce locally for the local markets. Especially in these challenging times, this makes us more resilient than others and is a competitive advantage.”
Advance Notice: Annual Shareholders’ Meeting and Quarterly Statement Q1 2025 on May 2, 2025
The Annual Shareholders’ Meeting of BASF SE takes place on Friday, May 2, 2025, as of 10.00 a.m. (CEST) as a virtual meeting. On the same day, BASF will publish its Quarterly Statement and News Release on the first quarter 2025 at 7.00 a.m. (CEST).
BASF completes divestment of shares in its two joint ventures in Korla, China
BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction.